subsidy etymology

Etymology

The word "subsidy" comes from the Late Latin word "subsidium", meaning "support" or "aid". This Latin word is derived from the verb "subsidere", meaning "to settle down" or "to support".

Meaning

A subsidy is a form of financial assistance or support provided by a government or organization to an individual, business, or industry. It is typically intended to stimulate or support a particular activity or sector of the economy.

Origin

The concept of subsidies has existed for centuries, dating back to ancient times. In ancient Rome, subsidies were used to support the military and to provide relief to poor citizens. During the Middle Ages, subsidies were often granted to merchants and guilds to support trade and commerce.

In modern times, subsidies have become an important tool for governments to intervene in the market economy. They can be used to:

  • Promote economic growth and job creation
  • Support research and development
  • Encourage specific sectors or industries
  • Provide social welfare benefits
  • Protect consumers from price increases

Subsidies can take various forms, such as:

  • Cash payments
  • Tax breaks
  • Loans or guarantees
  • Price supports

The use of subsidies is often controversial, as they can lead to government spending, market distortions, and potential inefficiencies. However, subsidies can also play a beneficial role in supporting economic activity and providing essential services to citizens.

subsidy relate terms

  • subside

    Etymology Latin subsidere meaning to settle down sub under sidere to sit

  • subsidiary

    Etymology Latin subsidiarius meaning reserve or auxiliary Derived from subsido

  • subsidy

    Etymology The word subsidy comes from the Late Latin word subsidium meaning support

  • Nashville

    Etymology and Meaning The name Nashville is derived from the following sources Nash

  • grant

    Etymology Middle English graunten from Anglo Norman French graunter from Latin grant

  • subvention

    Etymology French subvention Latin subventio sub under venire to come

  • havoc

    Etymology Medieval English havoc from Old French havot hatoc Ultimately derived fro

  • peace

    Etymology Old English pǣċ treaty pact peace Proto Germanic fraþuz treaty pa

  • kaput

    Etymology The word kaput is derived from the German expression Ganz kaputt or kaput

  • stoke

    Etymology The word stoke has its origins in two Old English words stocian verb

  • whiskey

    Etymology Whiskey is an anglicized form of the Irish Gaelic word uisce beatha prono

  • hypothesis

    Etymology Derived from Ancient Greek hypothesis ὑπόθεσις meaning a placi

  • ground

    Etymology The word ground has several origins Old English grund meaning soil