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Subsidy
(redirected from State-aid)

    Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.03 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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While the city's above-average reliance on state-aid, limited financial flexibility, and continued structural imbalance at the school district remain a concern, Fitch believes these risks are somewhat mitigated by historically strong financial management practices and a solid level of general fund reserves.
Fitch Rates Syracuse, New York Public Improvement Bonds 2007A 'A' & ... by Business Wire
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