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Subsidy
(redirected from State Aid)

    Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.

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.
     2. The assistance given in money by one nation to another to enable it the better to carry on a war, when such nation does not join directly in the war, is called a subsidy. Vattel, liv. 3, Sec. 82. See Neutrality.



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? Mentioned in ? References in periodicals archive
 
Simplified State Aid Calculation: The building aid formula would be modified to include a simplified reimbursement methodology that provides realistic cost allowances for student-based space needs.
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The state aid comes under Proposition 47, which California voters approved in November 2002.
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State aid is not an IRC section 102 gift, but is excludible from income under section 139's general welfare exclusion rule.
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