Meaning of the word "corporate welfare" in English
What does "corporate welfare" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
corporate welfare
US /ˈkɔːr.pər.ət ˈwel.fer/
UK /ˈkɔː.pər.ət ˈwel.feər/
Noun
financial aid or tax breaks given by the government to corporations or businesses, often criticized as unfair subsidies
Example:
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Critics argue that corporate welfare distorts free markets.
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The company received millions in corporate welfare.