ACTIONABLE SUBSIDY Meaning and
Definition
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An actionable subsidy is a financial support or assistance provided by the government or a relevant authority to promote or encourage a specific economic activity or behavior. It is called "actionable" because it provides individuals or organizations with an actionable option or incentive to take an action that aligns with the objectives or desired outcomes set by the government.
This type of subsidy is usually targeted towards certain industries, sectors, or specific activities that the government sees as beneficial to the overall economy or public welfare. Actionable subsidies can be in the form of direct grants, tax breaks, low-interest loans, or other financial incentives. The goal is to reduce the financial burden on individuals or businesses and motivate them to engage in activities that can lead to economic growth, job creation, or environmental sustainability.
The term "actionable subsidy" carries the connotation that it facilitates a tangible action or decision which may not have been taken otherwise. The subsidy is designed to make the action more attractive or economically viable by offsetting costs or providing a competitive advantage. By providing this incentive, governments aim to stimulate specific industries, encourage investment, or drive innovation in targeted areas.
Overall, an actionable subsidy is a form of financial assistance that seeks to influence behavior or promote specific actions by reducing financial obstacles and providing individuals or organizations with an added motivation to engage in desired activities.
Etymology of ACTIONABLE SUBSIDY
The word "actionable" derives from the Old French word "accionable", which itself comes from the Latin word "actionabilis". It is a combination of the Latin word "actio", meaning "action" or "lawsuit", and the suffix "-abilis", indicating ability or capability. Therefore, "actionable" is often used to describe something that is capable of being legally pursued or subject to legal action.
The word "subsidy" comes from the Latin word "subsidium", which means "support" or "assistance". It originated from the combination of "sub-" meaning "under" and "sedere" meaning "to sit". Originally, "subsidium" referred to military reinforcement called for by a commander in battle. Over time, the term was extended to include financial aid or other forms of support provided by a government or organization.
