subsidize
verb
How to pronounce subsidize?
The word subsidize sounds like sub-si-dize
/'səbsɪ,daɪz/
What is the definition of subsidize?
verbsecure the assistance of by granting a subsidy, as of nations or military forces
verbsupport through subsidies
Examples
- The arts in Europe are heavily subsidized
What does 'subsidize' mean?
- To subsidize means to support financially, often by providing funds or grants to help reduce the cost of a service or product.
- It involves the government or an organization assisting with financial aid to promote certain activities or sectors.
How is 'subsidize' used in a sentence?
- The government decided to subsidize the construction of affordable housing.
- Many farmers rely on the government to subsidize their crop production.
What are synonyms for 'subsidize'?
- Fund, finance, support, back, aid, assist, sponsor, underwrite.
What is the origin of the word 'subsidize'?
- The word 'subsidize' originates from the Latin 'subsidium,' meaning aid or assistance, combined with the suffix '-ize,' meaning to make or become. It entered English usage in the late 19th century.
What is the difference between 'subsidize' and 'grant'?
- 'Subsidize' generally refers to ongoing financial support to reduce costs, often by the government or institutions. 'Grant' usually refers to a sum of money given for a specific purpose, often as a one-time award.
Who typically provides subsidies?
- Governments, organizations, or institutions usually provide subsidies to support economic activities, social programs, or industries.
Why do governments subsidize certain sectors?
- To promote economic growth, support emerging industries, reduce costs for consumers, or achieve social and political objectives.
What are the potential downsides of subsidizing?
- It can lead to market distortions, excessive dependence on subsidies, misuse of funds, or suppression of competition.
Is 'subsidize' a formal or informal word?
- 'Subsidize' is considered a formal word, often used in economic, governmental, and official contexts.
What are common forms of subsidies?
- Financial grants, tax breaks, reduced interest loans, price controls, or direct payments to support specific industries or activities.