subvention
/səbˈvɛnʃ(ə)n
/noun
A grant of money, especially from a government: Ottawa has begun to cut federal subventions to the provinces [mass noun]: a complex network of public subvention for poets...
- They have also demanded a cut in the lower rates of income tax as a way of providing a subvention to the miserly wages paid by the corporations.
- Many are also looking for information on nursing home subventions and living alone allowances, she said.
- They are only human, after all: if there are grants and subventions going, they will join the queue.
Origin
Late Middle English (in the sense 'provision of help'): from Old French, from late Latin subventio(n-), from Latin subvenire 'assist', from sub- 'from below' + venire 'come'.