Inicio > Recursos Inglés > SUBSIDY

SUBSIDY

08 / 06 / 2009

SUBSIDY: meaning and examples

Good morning. I hope you had a nice weekend.

Today's word is: subsidy

Meaning: money that is paid by the government or an organization to reduce the costs of services or of producing goods so that their prices can be kept low.

Example 1:
The government is offering a subsidy to stimulate the purchase of new cars. Their objective is to stimulate the economy.

Example 2:
The European Union provides certain subsidies for language training in companies. 
(Contact us for more information.) 

If you have any questions about today's Daily Vitamin, please post them in the Daily Vitamin Plus! forum section on our website (www.ziggurat.es).

Enjoy the rest of your day!