Hyper Dictionary

English Dictionary Computer Dictionary Video Dictionary Thesaurus Dream Dictionary Medical Dictionary


Search Dictionary:  

Meaning of SUBSIDY

Pronunciation:  'subsidee

 
WordNet Dictionary
 
 Definition: 
[n]  a grant paid by a government to an enterprise that benefits the public; "a subsidy for research in artificial intelligence"
 

SUBSIDY is a 7 letter word that starts with S.

 

 See Also: grant, price support, subvention

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Sub"si*dy\, n.; pl. {Subsidies}. [L. subsidium the
troops stationed in reserve in the third line of battlem
reserve, support, help, fr. subsidere to sit down, lie in
wait: cf. F. subside. See {Subside}.]
1. Support; aid; co["o]peration; esp., extraordinary aid in
   money rendered to the sovereign or to a friendly power.

         They advised the king to send speedy aids, and with
         much alacrity granted a great rate of subsidy.
                                               --Bacon.

Note: Subsidies were taxes, not immediately on on property,
      but on persons in respect of their reputed estates,
      after the nominal rate of 4s. the pound for lands, and
      2s. 8d. for goods. --Blackstone.

2. Specifically: A sum of money paid by one sovereign or
   nation to another to purchase the co["o]peration or the
   neutrality of such sovereign or nation in war.

3. A grant from the government, from a municipal corporation,
   or the like, to a private person or company to assist the
   establishment or support of an enterprise deemed
   advantageous to the public; a subvention; as, a subsidy to
   the owners of a line of ocean steamships.

Syn: Tribute; grant.

Usage: {Subsidy}, {Tribute}. A subsidy is voluntary; a
       tribute is exacted.

 

 

COPYRIGHT © 2000-2013 HYPERDICTIONARY.COM HOME | ABOUT HYPERDICTIONARY