Often related to financial assistance given by government bodies to support specific sectors or initiatives. The art gallery was able to expand thanks to a subvention from the cultural ministry.
Pro Tip 2/3
Not a Loan
'Subvention' is not expected to be repaid, unlike loans or credits. The non-profit organization benefited from a subvention without the stress of repayment.
Pro Tip 3/3
Organizational Aid
Subvention often refers to funds aimed at organizations or institutions more than individuals. The university's research project proceeded smoothly after receiving a substantial subvention.