Meaning of cross-subsidise | Babel Free
Definitions
To subsidise a loss-making business or activity from the profits gained from another business or activity.
UK
Examples
“Even better known is the fact that B.E.A. services to sparsely populated areas and islands in the far north and west lose some £500,000 a year, which is cross-subsidised from other B.E.A. services. [...] The total extent of subsidising and cross-subsidising public transport in large areas of Scotland is, he believes, over £17 million a year, or £14 a head of the population in the regions concerned.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
See also
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