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subsidize

verb

/ˈsʌb sɪˌdaɪz/

IPA:

Dictionary definition of subsidize

To provide financial assistance, support, or subsidies to an individual, organization, or activity.
"The university offers scholarships to subsidize tuition costs for deserving students."

Detailed meaning of subsidize

When a government, institution, or entity subsidizes something, they offer financial aid or grants to help reduce costs, promote development, or encourage the continuation of a specific endeavor. Subsidies are typically provided to support industries, programs, or initiatives that may not be economically viable or accessible without such assistance. The purpose of subsidizing can vary widely, from stimulating economic growth and innovation to addressing societal needs or promoting specific sectors. Subsidies can take different forms, such as direct grants, tax breaks, reduced interest rates, or price supports. By subsidizing certain activities or entities, governments and organizations aim to influence outcomes, foster growth, and enhance the overall well-being of individuals or the community at large.

Example sentences containing subsidize

1. The government decided to subsidize renewable energy projects to encourage a shift towards cleaner sources of power.
2. The local council agreed to subsidize public transportation fares to make it more affordable for commuters.
3. The company received government funding to subsidize the development of a new technology.
4. The nonprofit organization relies on donations to subsidize its programs for underprivileged children.
5. The government plans to subsidize farmers affected by the recent drought.
6. The film industry benefits from tax incentives that subsidize production costs.

History and etymology of subsidize

The verb 'subsidize' traces its linguistic lineage back to the Latin word 'subsidium,' which originally denoted auxiliary troops or reserve forces. Over time, 'subsidium' evolved to signify assistance, support, or help. The prefix 'sub,' meaning 'under' or 'from below,' combined with 'sidium,' conveying the idea of aid or support, creates the modern concept of providing financial assistance or subsidies to an individual, organization, or activity. This etymological evolution aptly captures the essence of 'subsidize' as the act of offering financial support from a higher or external source to bolster and sustain various endeavors.

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Further usage examples of subsidize

1. The company decided to subsidize employee gym memberships to promote a healthy lifestyle.
2. The government launched a program to subsidize low-income families' access to nutritious food.
3. The museum relies on corporate sponsorships to subsidize exhibition costs.
4. The city implemented a program to subsidize housing for low-income residents.
5. The government offered grants to subsidize the installation of solar panels on residential buildings.
6. The airline company decided to subsidize flights to remote areas to improve accessibility.
7. The organization provides microloans to subsidize small business ventures in developing countries.
8. The government introduced a scheme to subsidize electric vehicle purchases.
9. The university bookstore offers discounts to subsidize the cost of textbooks for students.
10. The nonprofit organization fundraises to subsidize medical treatments for children in need.
11. The company received a grant to subsidize research and development activities.
12. The government implemented a program to subsidize daycare costs for working parents.
13. The organization partnered with local businesses to subsidize community events and activities.
14. The government decided to subsidize the cost of public transportation.
15. To promote renewable energy, they chose to subsidize solar panel installations.
16. The foundation aims to subsidize education for underprivileged students.
17. Many countries subsidize farmers to ensure food security.
18. The city council plans to subsidize low-income housing projects.
19. The company will subsidize employee gym memberships.
20. The university offers scholarships to subsidize tuition fees.
21. Subsidizing healthcare for all citizens is a priority for this government.
22. The film industry often relies on government funding to subsidize productions.
23. Charities work to subsidize meals for the homeless.
24. Businesses sometimes subsidize employee childcare expenses.