subsidy
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subsidy
Financial support or a payment from the state or a public institution for companies, certain branches of the economy, or private individuals in order to promote a specific purpose.
Die Landwirtschaft in Europa wird mit hohen Subventionen unterstützt.
Agriculture in Europe is supported with large subsidies.
The noun 'die Subvention' (subsidy) belongs to a word family. The corresponding verb is 'subventionieren' (to subsidize). If you know one of the words, you can understand the other more easily.
Der Staat subventioniert den Bau von Elektroautos.
The state subsidizes the production of electric cars.
'Subvention' (subsidy) is often combined with certain verbs. You can 'beantragen' (apply for), 'erhalten' (receive), or 'bekommen' (get) subsidies. A government can 'gewähren' (grant), 'streichen' (eliminate), or 'kürzen' (cut) subsidies.
Das Unternehmen hat für sein Umweltprojekt hohe Subventionen erhalten.
The company received large subsidies for its environmental project.
This word belongs to formal language and is mainly used in the areas of politics, business, and the news. It sounds very official.
In der Debatte ging es um die Verteilung der Agrarsubventionen.
The debate was about the distribution of agricultural subsidies.
support
'die Unterstützung' and 'die Subvention' can both mean financial help. However, 'Unterstützung' is much broader: it can be money, but also practical or moral help. 'Subvention' is more specific and means money from the state or a public institution, usually for a particular purpose. The words can be confused when money is involved. If the help officially comes from the state and is meant to promote something, 'Subvention' is more precise. In other cases, 'Unterstützung' is usually a better fit.
Die Firma erhält eine Subvention, weil sie neue Arbeitsplätze schafft.
The company receives a subsidy because it is creating new jobs.
Der Verein bekommt finanzielle Unterstützung von vielen Menschen aus der Stadt.
The association receives financial support from many people in the city.