10:29 Mar 10, 2005 |
English language (monolingual) [PRO] Bus/Financial - International Org/Dev/Coop / vocabulary | |||||||
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| Selected response from: Derek Gill Franßen Germany Local time: 11:59 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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3 +6 | A grant is a particular type of subsidy. |
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5 | Overlooked difference: Please read |
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4 | gift versus financial assistance (see ntoe) |
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4 | gift vs assistance |
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3 | see |
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Discussion entries: 1 | |
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gift versus financial assistance (see ntoe) Explanation: Doesn't a grant usually imply money or land (or property)that is actually awarded (as gift) that does not need to be repaid, while a subsidy is in the form of financial assistance not so much awarded as a gift per se but could be as discounts on prices to be paid, etc. |
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see Explanation: grant-funding for a nonprofit organization, usually for a specific project. subsidy-financial aid given by the government to individuals or groups, to the private sector |
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A grant is a particular type of subsidy. Explanation: "Grants. The amount of a subsidy received through a grant is the amount of the grant itself. Grants are considered non-recurring subsidies that confer a benefit when the grant is received." (cf. http://www.adcvd.com/TypesofSubsidies.htm). :-) -------------------------------------------------- Note added at 17 mins (2005-03-10 10:46:58 GMT) -------------------------------------------------- I would define \"subsidy\" simply as \"financial aid usually provided by the government.\" |
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