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subsidy
(redirected from State-aid)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
subsidy noun allotment, allowance, backing, bounty, contribution, gift, grant, grant-in-aid, stipend, subsistence, subvention
Associated concepts: government subsidy
See also: aid, alimony, annuity, assistance, benefit, commission, consideration, contribution, donation, endowment, fee, grant, help, loan, maintenance, payment, pension, perquisite, recompense

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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I do not know what advice the government has had, but, as long as our offer meets market value, state-aid issues would not be relevant.
While the city's ongoing reliance on state-aid and resulting limited financial flexibility remain a concern, Fitch believes these risks are somewhat mitigated by historically strong financial management practices and a solid level of general fund reserves.
In fact, I'm not aware of any European stud book which receives direct state-aid support of this kind.
 
 
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