Meaning of the word subsidization in English

What does subsidization mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

subsidization

US /ˌsʌb.sə.dəˈzeɪ.ʃən/
UK /ˌsʌb.sɪ.daɪˈzeɪ.ʃən/

Noun

the act by a government, organization, or other group of paying part of the cost of something:

Example:
Some people oppose government subsidization of a baseball stadium.