Sub"si*dy (?), n.; pl.
Subsidies (#). [L. subsidium the troops
stationed in reserve in the third line of battlem reserve, support,
help, fr. subsidere to sit down, lie in wait: cf. F.
subside. See Subside.] 1. Support;
aid; coöperation; esp., extraordinary aid in money rendered to
the sovereign or to a friendly power.
They advised the king to send speedy aids, and with
much alacrity granted a great rate of subsidy.
Bacon.
&fist; Subsidies were taxes, not immediately on on property,
but on persons in respect of their reputed estates, after the nominal
rate of 4s. the pound for lands, and 2s. 8d. for goods.
Blackstone.
2. Specifically: A sum of money paid by one
sovereign or nation to another to purchase the coöperation or the
neutrality of such sovereign or nation in war.
3. A grant from the government, from a
municipal corporation, or the like, to a private person or company to
assist the establishment or support of an enterprise deemed
advantageous to the public; a subvention; as, a subsidy to the
owners of a line of ocean steamships.
Syn. -- Tribute; grant. -- Subsidy, Tribute.
A subsidy is voluntary; a tribute is exacted.
Sub"si*dy (?), n.; pl.
Subsidies (#). [L. subsidium the troops
stationed in reserve in the third line of battlem reserve, support,
help, fr. subsidere to sit down, lie in wait: cf. F.
subside. See Subside.] 1. Support;
aid; coöperation; esp., extraordinary aid in money rendered to
the sovereign or to a friendly power.
They advised the king to send speedy aids, and with
much alacrity granted a great rate of subsidy.
Bacon.
&fist; Subsidies were taxes, not immediately on on property,
but on persons in respect of their reputed estates, after the nominal
rate of 4s. the pound for lands, and 2s. 8d. for goods.
Blackstone.
2. Specifically: A sum of money paid by one
sovereign or nation to another to purchase the coöperation or the
neutrality of such sovereign or nation in war.
3. A grant from the government, from a
municipal corporation, or the like, to a private person or company to
assist the establishment or support of an enterprise deemed
advantageous to the public; a subvention; as, a subsidy to the
owners of a line of ocean steamships.
Syn. -- Tribute; grant. -- Subsidy, Tribute.
A subsidy is voluntary; a tribute is exacted.