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Subsidy |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 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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But right now, City Hall has put at the top of the ``need'' list a new $400 million police headquarters and a Convention Center hotel subsidized by taxpayers to the tune of $300 million or so -- all while rushing headlong into heavily subsidizing the Grand Avenue project. If subsidizing housing--which we have been doing since World War I--could solve the problem of affordability, the problem should have been eliminated by now. While respondents from states in the tornado belt balked at subsidizing coastal states, those in high-risk areas would welcome a federal backstop. |
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