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Subvention Meaning: Definition, Examples, and Translations

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subvention

[sʌbˈvɛnʃ(ə)n ]

Definition

Context #1 | Noun

government financial support

A subvention is a sum of money granted by the government to assist an industry or business, often to keep prices low or to help with development. It is a form of financial aid provided by a government or organization to support specific activities.

Synonyms

allocation, grant, subsidy.

Which Synonym Should You Choose?

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Word Description / Examples
subvention

Used primarily in formal or official contexts when referring to financial assistance given especially by the government to an organization, project, or sector.

  • The government provides subventions to support local theaters.
  • The research project received a substantial subvention from the national science board.
grant

Often used when referring to a specific sum of money given by an organization, especially the government, for a particular purpose, usually educational, research, or projects.

  • She received a grant to study abroad for a year.
  • The university was awarded a grant to develop a new curriculum.
subsidy

Typically used when referring to financial aid provided by the government or other institutions to help support particular industries, businesses, or individuals to make goods or services more affordable.

  • The government offers subsidies for renewable energy projects.
  • Farmers receive subsidies to keep food prices stable.
allocation

Commonly used in contexts where resources, funds, or responsibilities are distributed among various departments, projects, or individuals.

  • The allocation of resources for the new school was discussed at the board meeting.
  • The budget allocation for marketing has increased this year.

Examples of usage

  • The government provided a subvention to the struggling industry to prevent its collapse.
  • The subvention allowed the company to invest in new technology and expand its operations.

Translations

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

Origin of 'subvention'

The word 'subvention' originated from the Latin word 'subventio', which means 'a coming up from below'. The term was first used in the 15th century to refer to financial assistance provided by a government or organization. Over time, 'subvention' has become commonly used in the context of financial support and aid.

Word Frequency Rank

At rank #28,665, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.