subsidy
/ˈsʌb.sɪ.di/(noun)
AWL Sublist 6CEFR B2IELTS Band 7.0 - 9.0
Academic Definition
A sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Key Academic Collocations
Click to copyWord Family & Derivatives
subsidysubsidiessubsidizesubsidizedsubsidizing
Lexical Alternatives (Synonyms)
grantallowancebountysubventionfinancial aid
Academic Sample Sentences in Context
"Phasing out regressive fossil fuel subsidies allows sovereign treasuries to reallocate billions toward renewable infrastructure."
"The bar chart compares the monetary value of agricultural subsidies disbursed to domestic farmers in the European Union versus the United States."
"Heavily subsidizing public transit commuter rail fares encourages motorists to abandon private combustion passenger cars."
IELTS Examiner Scoring Strategy (Lexical Resource)
Core topic word: 'government subsidies for renewable energy', 'subsidized public housing', 'subsidize higher education'.