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Subsidy
01
an amount of money that a government or organization pays to lower the costs of producing goods or providing services so that prices do not increase
Example
The local council offers subsidies to businesses that implement environmentally friendly practices.
Subsidies for public transportation help make commuting more affordable for residents.
The arts organization relies on government subsidies to fund its cultural programs and events.
Electric vehicle purchases are encouraged through subsidies that reduce the cost for consumers.
The government provides subsidies to farmers to support agricultural production and maintain food security.
