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Subsidy |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.07 sec. |
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SUBSIDY, Eng. law. An aid, tax or tribute granted by parliament to the king
for the urgent occasions of the kingdom, to be levied on every subject of
ability, according to the value of his lands or goods. Jacob's Law. Dict.
h.t.
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He warned that the growth in ethanol production could have several ramifications, including pushing corn prices to record levels in coming years, reducing government subsidies and potentially raising food prices. But the report drew attention to the fact that some major problems remain with China, including the country's inadequate enforcement of intellectual property rights (IPR) protection, unfair government subsidies to industries and other industrial policies that act to promote Chinese content over imports in manufacturing and services. The days are long gone when generous government subsidies allowed public colleges to keep tuition low. |
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