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보조금 — meaning in English: subsidy

bojogeum · Learn this word with quizzes, examples and more on Maspeak.

Guess the translation for subsidy
벌크
beolkeu
보조금
bojogeum
수도원
sudowon
문학
munhag
보스
boseu
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formal common
Usage
Native speakers often use the word 보조금 (bojogeum) in discussions about government financial support for various sectors, such as agriculture or education. For example, during town hall meetings, citizens might inquire about available subsidies for small businesses or students pursuing higher education.
Synonyms & nuances
A close synonym for 보조금 is 지원금 (jiwongeum), which also means 'grant' or 'support fund.' While both terms refer to financial assistance, 보조금 is specifically used for subsidies provided usually by the government, whereas 지원금 can refer to various forms of financial support, including private grants.
Culture
The term 보조금 (bojogeum) has roots in the broader concept of government assistance that dates back to the post-war economic development in South Korea. As the country transformed rapidly, subsidies became essential in promoting key industries and ensuring social welfare, highlighting the government's role in shaping the economy and support systems.
FAQ
Q.What is the meaning of 보조금?
보조금 (bojogeum) translates to 'subsidy' in English. It refers to financial assistance provided by the government or other organizations to support various sectors or individuals.
Q.How is 보조금 used in a sentence?
You can use 보조금 in a sentence like, '정부는 농민을 돕기 위해 보조금을 제공합니다,' which means 'The government provides subsidies to help farmers.'
Q.Are there common mistakes when using 보조금?
A common mistake is confusing 보조금 with 지원금. While both mean financial support, 보조금 specifically refers to government subsidies, so using them interchangeably can lead to misunderstandings.
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