Used to describe actions taken by a government or organization to counterbalance negative effects. The central bank introduced countervailing policies to offset the financial crisis.
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Not Always Opposition
It does not necessarily mean directly fighting against something, but rather balancing or neutralizing it. To help small businesses, the mayor proposed countervailing subsidies against the new tax.
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Economic Term
Often related to economic actions, like tariffs or subsidies, intended to correct trade imbalances. To protect local farmers, the government imposed countervailing duties on imported corn.