What does subsidy mean?
In the context of solar, a subsidy can refer to a variety of different programs that help you pay for your solar system. A solar energy subsidy is a payment made by your utility company to help you pay for the cost of installing solar panels on your home.
What does subsidy mean in a business plan?
A subsidy is a form of assistance given to a business by a local or state government or a government-owned corporation. This assistance is usually given in the form of a tax break. In other words, in exchange for your company helping to meet a certain need, the government will provide you with a tax break.
What does subsidy mean in business?
A subsidy is a form of financial assistance provided to a business by the government or a not-for-profit organization. A successful business almost always requires some form of government or corporate support. Governments and corporations provide a variety of subsidies to businesses to help them compete with businesses that do not receive as much help.
What does subsidy mean in terms of business?
A subsidy is a form of financial assistance given by a tax payer to a private business or organization. The purpose of a subsidy is to encourage economic development and stimulate the competitiveness of a particular industry. The government, however, does not own the company. They do not operate the business as part of a government agency. Instead, the government gives money to the private company to help it compete with other private business.
What does subsidy mean in economics?
A subsidy is a transfer of money from the government to a private business or person. In its simplest form, a subsidy is a tax break given to a business. A few examples of subsidies are tax-exempt status, grants, cheap loans, or reduced fees. The government provides incentives (either in cash or in reduced regulations) to help a business or organization do something that it would not normally do.