State Subsidy
/ˈsteɪt ˈsʌbsɪdi/
Definitions
- (n.) A financial aid or support granted by a government to organizations or individuals to promote economic and social policies.
The company received a state subsidy to develop renewable energy technologies.
- (n.) A benefit conferred by a government that affects international trade and may be subject to regulation under trade law.
The WTO investigated the state subsidy for violating fair trade rules.
Forms
- state subsidy
- state subsidies
Related terms
See also
Commentary
In legal drafting, distinguish state subsidies that are regulatory concerns in trade law from those that are general governmental financial supports.
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.