Definition of subsidy
- n. - Support; aid; cooperation; esp., extraordinary aid in
money rendered to the sovereign or to a friendly power.
- n. - Specifically: A sum of money paid by one sovereign or
nation to another to purchase the cooperation or the neutrality of such
sovereign or nation in war.
- n. - 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.