corporate welfare


corporate welfare

n. Financial aid, such as a subsidy or tax break, provided by a government to corporations or other businesses, especially when viewed as wasteful or unjust: "critics who say that letting big companies raise private stock on public land amounts to corporate welfare" (Frank Clifford).

cor′porate wel′fare


n. financial assistance, as tax breaks or subsidies, given by the government esp. to large companies. [1990–95, Amer.]