Canadian economy heading for recession
- Thread starter mentalfloss
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Definition of money in English:
noun
[MASS NOUN]
1A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively:
I counted the money before putting it in my wallet
he borrowed money to modernize the shop
cash 1
See definition in Oxford Advanced Learner's Dictionary
Line breaks: cash
Pronunciation: /kaʃ/
noun
[MASS NOUN]
1Money in coins or notes, as distinct from cheques, money orders, or credit:
the staff were paid in cash
a discount for cash
Well Poopsiefloss? How is Dustbin going to cut what doesn't exist?
noun
[MASS NOUN]
1A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively:
I counted the money before putting it in my wallet
he borrowed money to modernize the shop
cash 1
See definition in Oxford Advanced Learner's Dictionary
Line breaks: cash
Pronunciation: /kaʃ/
noun
[MASS NOUN]
1Money in coins or notes, as distinct from cheques, money orders, or credit:
the staff were paid in cash
a discount for cash
Well Poopsiefloss? How is Dustbin going to cut what doesn't exist?
The official English language definitions for cash and money are wrong? They even state how it differers from cheques or credits.
Are they lying?
How much cash aka money has been handed out?
Try it again.
In the meantime, here is a perfectly acceptable definition of subsidy:
A subsidy is a form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy.[1] Although commonly extended from Government, the term subsidy can relate to any type of support - for example from NGOs or implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, depreciation write-offs, rent rebates).[2][3]
Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/Production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production.[1][1] Consumer/Consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy gasoline than bottled water.[4]
https://en.m.wikipedia.org/wiki/Subsidy
Is the official dictionary definition of a term always the most accurate one?
Clearly not as this case shows.
Even the legal definition differs from wiki but not Oxford....
subsidy
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia.
subsidy noun*allotment, allowance, backing, bounty, contribution, gift, grant, grant-in-aid, stipend, subsistence, subvention
Associated concepts:*government subsidy
Yes. Oxford is used by law so there is no ambiguation.
subsidy
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia.
subsidy noun*allotment, allowance, backing, bounty, contribution, gift, grant, grant-in-aid, stipend, subsistence, subvention
Associated concepts:*government subsidy
Yes. Oxford is used by law so there is no ambiguation.
In that own definition is allowance, which is an example of price differences or tax exemptions.
And that still satisfies the definition of subsidy using the price gap approach.
Subsidies are financial support given by government agencies which may include grants, but more often, take the place of underwriting and guaranteeing fees and expenses. For example: In public transportation, rail transportation is not considered profitable at a price that would attract ridership. As a result, our government provides a subsidy to rail operations in order to allow them to charge a price that will attract ridership. The subsidy takes the form of paying the difference between the price charged per ride and the marginal profit point. So where a 25 dollar ticket is profitable, but ridership is low, the train may charge 10 dollars, and the government 15. The quarterly or end of year ridership determines the payments to be received. Subsidies to guarantee profit levels are also provided to Farmers, and other commodity producers.
Read more: http://www.justanswer.com/tax/0cx60-whats-difference-grant-subsidy-allowance.html#ixzz3eb50Q66T
Why is it important to use official definitions without ambiguation in law and finance and why are they of no meaning to you?
Why can't you accept that fossil fuel subsidies exist?
I'm not even saying that they are inherently bad lol
I'm not even saying that they are inherently bad lol