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corporate welfare
cor
ˈkɔ:r
kawr
po
pə
pē
rate
rət
rēt
wel
wɛl
vel
fare
fɛr
fer
/kˈɔːpəɹət wˈɛlfeə/

Definition & Meaning of "corporate welfare"in English

Corporate welfare
01

subsidies, incentives, or benefits given by the government to big or growing businesses and corporations

Examples
Critics argue that corporate welfare distorts the free market by giving unfair advantages to certain businesses through government subsidies.
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