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Featured Word B2

subsidies (Noun (plural))

Subsidies are sums of money granted by a government or a public body to assist an industry or business. They are used to keep the price of a commodity or service low for the public or to help a company remain competitive.

💡 Memory Tip

Think of 'SUB' (like a submarine, going under) and 'SIDES' (the sides of a business). Subsidies are money that goes 'und...

🏛️ Origin

⚠️ Common Mistakes

The government subsidies the industry. → The government subsidizes the industry.

He received a subsidies from the state. → He received a subsidy from the state.