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Subvention

usgb/səbˈvenʃn/Volume
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Government SupportPlay
Often related to financial assistance given by government bodies to support specific sectors or initiatives. SlideThe art gallery was able to expand thanks to a subvention from the cultural ministry.
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Not a LoanPlay
'Subvention' is not expected to be repaid, unlike loans or credits. SlideThe non-profit organization benefited from a subvention without the stress of repayment.
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Organizational AidPlay
Subvention often refers to funds aimed at organizations or institutions more than individuals. SlideThe university's research project proceeded smoothly after receiving a substantial subvention.