Difference between revisions of "Subsidy"
Jump to navigation
Jump to search
m (cat) |
m (linked to an orphaned page) |
||
| Line 1: | Line 1: | ||
| − | A '''subsidy''' is a payment or [[tax]] break by [[government]] to certain businesses to help them survive or to give them a competitive advantage. Sometimes the subsidy can be direct, as in the case of cash payments to farmers, and sometimes it can be indirect, as in the case of building a transcontinental railroad. | + | A '''subsidy''' is a payment or [[tax]] break by [[government]] to certain businesses to help them survive or to give them a competitive advantage. Sometimes the subsidy can be direct, as in the case of [[agricultural subsidy | cash payments to farmers]], and sometimes it can be indirect, as in the case of building a transcontinental railroad. |
Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity. | Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity. | ||
[[Category:Budget terms]] | [[Category:Budget terms]] | ||
Revision as of 22:33, January 27, 2011
A subsidy is a payment or tax break by government to certain businesses to help them survive or to give them a competitive advantage. Sometimes the subsidy can be direct, as in the case of cash payments to farmers, and sometimes it can be indirect, as in the case of building a transcontinental railroad.
Subsidies can also be given out by individuals or non-governmental institutions, but this is more commonly referred to as charity.