Meaning of state aid | Babel Free
Definitions
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Any aid given by a state or government. uncountable
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Any grant, subsidy, or other preferential treatment or advantage to a company by a national government, and which is therefore potentially in violation of competition law. European-Union, uncountable
Examples
“To reduce emissions, France has also announced a ban on short-haul domestic flights (under two and a half hours) in return for airlines receiving state aid, with people encouraged to make their journey by train - an approach more European countries are considering.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.