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Subsidize Meaning: Definition, Examples, and Translations

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subsidize

[ˈsʌb.sɪ.daɪz ]

Definition

Context #1 | Verb

financial support

To subsidize means to support financially, typically by providing funds or resources to lower the cost of a service or product. This can be done by the government, organizations, or individuals to make certain goods or services more affordable for the public. Subsidies can stimulate production and consumption, promote economic development, or encourage specific industries. They can also be crucial in sectors such as agriculture, education, and health care, providing essential assistance to those in need.

Synonyms

assist, back, finance, fund, support.

Examples of usage

  • The government decided to subsidize renewable energy initiatives.
  • Many farmers receive subsidies to help them maintain their operations.
  • Public transportation systems are often subsidized to keep fares low.
  • Universities may subsidize tuition costs to attract more students.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Economics

  • Governments often subsidize essential services like healthcare and education to make them affordable for all.
  • In agriculture, subsidies ensure farmers can sustain their livelihoods, stabilizing food prices.
  • Subsidies can encourage the development of renewable energy sources by reducing production costs.

Social Policy

  • Subsidization is used to support low-income families, enabling access to housing and nutrition.
  • Childcare subsidies help parents afford quality care, promoting early childhood education.
  • Transportation subsidies assist in making public transit affordable, encouraging eco-friendly commuting.

Global Perspectives

  • Different countries have varying approaches to subsidies, affecting global trade dynamics.
  • Some nations subsidize fossil fuels, which can hinder progress towards renewable energy adoption.
  • International aid often comes in the form of subsidies to help developing countries build infrastructure.

Pop Culture

  • In movies, you often see government assistance portrayed as a helping hand for protagonists in need.
  • Reality TV shows sometimes illustrate the concept of subsidizing by showcasing start-ups getting investments.
  • Popular songs may reference funding and support, highlighting societal themes of assistance and reliance.

Origin of 'subsidize'

Main points about word origin

  • The word comes from the Latin 'subsidium,' meaning 'help' or 'support.'
  • It started being used in English around the 16th century, often in the context of aiding military forces.
  • The prefix 'sub-' implies underneath or support, while '-sidize' relates to aiding or providing.

The term 'subsidize' originates from the Latin word 'subsidium', which means 'assistance' or 'help'. It was adopted in English in the early 17th century, particularly in the context of providing support or aid, often in economic terms. The prefix 'sub-' denotes 'under', while 'sidium' relates to 'sitting' or 'settling', effectively conveying the idea of laying a foundation of support beneath something. Over time, the use of 'subsidize' expanded, especially in the context of government roles in economies, where support could take the form of financial aid to promote industry, agriculture, or public services. Its usage has grown significantly in modern discourse concerning economics and public policy.

Word Frequency Rank

With rank #18,279, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.