State Aid
/ˈsteɪt eɪd/
Definitions
- (n.) Financial assistance provided by a government to organizations or industries to promote economic or social policy goals.
The company applied for state aid to support its research and development activities.
Forms
- state aid
Related terms
See also
Commentary
State aid is often subject to regulation in jurisdictions like the EU to prevent unfair competition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.