Subsidy vs Annuity - What's the difference?
subsidy | annuity | Related terms |
Financial support or assistance, such as a grant.
*{{quote-magazine, date=2013-08-10, volume=408, issue=8848, magazine=(The Economist), author=Lexington
, title= (dated) Money granted by parliament to the British Crown.
A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment. For example, a retirement annuity paid to a public officer following his or her retirement.
The right to receive such an income.
The duty to make such a payment or payments.
As nouns the difference between subsidy and annuity
is that subsidy is financial support or assistance, such as a grant while annuity is a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment. For example, a retirement annuity paid to a public officer following his or her retirement.subsidy
English
(wikipedia subsidy)Noun
(subsidies)Keeping the mighty honest, passage=British journalists shun complete respectability, feeling a duty to be ready to savage the mighty, or rummage through their bins. Elsewhere in Europe, government contracts and subsidies ensure that press barons will only defy the mighty so far.}}