English-English Dictionary

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 /ˈkɔːr.pər.ət ˈwel.fer/
"corporate welfare" picture

Noun

1.

financial aid or tax breaks given by the government to corporations or businesses, often criticized as unfair subsidies

Example:
•
Critics argue that corporate welfare distorts free markets.
•
The company received millions in corporate welfare.
Synonym:
corporate subsidiesbusiness handoutsgovernment grants to corporationstax breaks for businesses
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Related Word:
welfarecorporatecorporationcorporal punishment