What is the difference between subvention and subsidy

However, the subvention scheme is different from a subsidy and does not offer anything free. In a subsidy, the government gives grants in order to boost production and consumption and pays a part of the cost of production of any good or services. Meanwhile, in subvention schemes, the government offers relief in the loan burden of the buyer.

The subvention schemes sometimes also result in affecting your credit rating, if the developer defaults on payments, as developers tie-up with financial institutions like banks and housing finance companies to pay for such projects.

Under such schemes, the homebuyer remains the actual borrower. Apart from subvention schemes, builders queue up cash discounts, waiver of club membership charges, discounts and freebies during festive seasons to perk up sales.

Listen to Our Podcast About subvention. Get Word of the Day delivered to your inbox! Sign Up. Statistics for subvention Look-up Popularity. Style: MLA. English Language Learners Definition of subvention. Get Word of the Day daily email! Test Your Vocabulary. Can you spell these 10 commonly misspelled words? Love words? Need even more definitions? Homophones, Homographs, and Homonyms The same, but different.

Ask the Editors 'Everyday' vs. Is there a difference between "subsidy" and "subvention"? Ask Question. Asked 8 years, 8 months ago. Active 3 months ago. Viewed 10k times. Improve this question. Michael Michael 2 2 gold badges 4 4 silver badges 12 12 bronze badges.

Add a comment. Active Oldest Votes. It's worth pointing out that the original sense of subvention was Improve this answer. FumbleFingers FumbleFingers k 45 45 gold badges silver badges bronze badges. The word subsidy translates into the French subvention. The Frog: I'm not going to trace the etymology back through its obviously French route into English, but my guess would be the original meaning in French was also the tax itself, rather than the subsequent redistribution thereof which led to the current sense.

From personal experience, I would say that subsidy is more commonly used.