Meaning of state aid | Babel Free
Definitions
- Any aid given by a state or government.
-
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
Equivalents
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.
See also
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free