επιδότηση

English translation: subsidy

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Greek term or phrase:επιδότηση
English translation:subsidy
Entered by: Vicky Papaprodromou

12:42 Jul 10, 2006
Greek to English translations [Non-PRO]
Bus/Financial - Telecom(munications)
Greek term or phrase: επιδότηση
Μιλάω για τη γνωστή σε όλους μας επιδότηση των εταιριών κινητής τηλεφωνίας για αγορά καινούργιων συσκευών με έκπτωση
Ioanna Karamitsa
Brazil
Local time: 02:44
subsidy
Explanation:
In economics, a subsidy is generally a monetary grant given by a government to lower the price faced by producers or consumers of a good, generally because it is considered to be in the public interest. Subsidies are also referred to as corporate welfare by those who oppose their use. The term subsidy may also refer to assistance granted by others, such as individuals or non-government institutions, although this is more usually described as charity. A subsidy normally exemplifies the opposite of a tax, but can also be given using a reduction of the tax burden. These kinds of subsidies are generally called tax expenditures or tax breaks.

Subsidies protect the consumer from paying the full price of the good consumed, however they also prevent the consumer from receiving the full value of the thing not consumed – in that sense, a subsidized society is a consumption society because it unfairly encourages consumption more than conservation. Under free-market conditions, consumers would make choices which optimize the value of their transactions; where it was less expensive to conserve, they would conserve. In a subsidized economy however, consumers are denied the benefit of conservation and as a result, subsidized goods have an artificially higher value than expenditures which do not consume. Subsidies are paid for by taxation which creates a deadweight loss for that activity which is taxed.
http://en.wikipedia.org/wiki/Subsidy

επιδότηση = subsidy (http://www.moto-teleterm.gr/search_gr.asp)
Selected response from:

Vicky Papaprodromou
Greece
Local time: 07:44
Grading comment
Καλημέρα και καλή εβδομάδα!!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +8subsidy
Vicky Papaprodromou


  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +8
subsidy


Explanation:
In economics, a subsidy is generally a monetary grant given by a government to lower the price faced by producers or consumers of a good, generally because it is considered to be in the public interest. Subsidies are also referred to as corporate welfare by those who oppose their use. The term subsidy may also refer to assistance granted by others, such as individuals or non-government institutions, although this is more usually described as charity. A subsidy normally exemplifies the opposite of a tax, but can also be given using a reduction of the tax burden. These kinds of subsidies are generally called tax expenditures or tax breaks.

Subsidies protect the consumer from paying the full price of the good consumed, however they also prevent the consumer from receiving the full value of the thing not consumed – in that sense, a subsidized society is a consumption society because it unfairly encourages consumption more than conservation. Under free-market conditions, consumers would make choices which optimize the value of their transactions; where it was less expensive to conserve, they would conserve. In a subsidized economy however, consumers are denied the benefit of conservation and as a result, subsidized goods have an artificially higher value than expenditures which do not consume. Subsidies are paid for by taxation which creates a deadweight loss for that activity which is taxed.
http://en.wikipedia.org/wiki/Subsidy

επιδότηση = subsidy (http://www.moto-teleterm.gr/search_gr.asp)


Vicky Papaprodromou
Greece
Local time: 07:44
Native speaker of: Native in GreekGreek
PRO pts in category: 4
Grading comment
Καλημέρα και καλή εβδομάδα!!

Peer comments on this answer (and responses from the answerer)
agree  Betty Revelioti
9 mins
  -> Καλή βδομάδα, Μπεττούλι. Ευχαριστώ πολύ.

agree  Daphne Theodoraki
29 mins
  -> Ευχαριστώ, Δάφνη μου, και καλή βδομάδα.

agree  roguestate
40 mins
  -> Καλή βδομάδα κι ευχαριστώ πολύ.

agree  Catherine Christaki: Καλή εβδομάδα Βίκυ!
1 hr
  -> Καλή βδομάδα, Κατερινάκι. Ευχαριστώ πολύ.

agree  Nick Lingris
4 hrs
  -> Ευχαριστώ, Νίκο.

agree  Assimina Vavoula
4 hrs
  -> Eυχαριστώ, Μίνα και καλή βδομάδα.

agree  Sophia Finos (X)
13 hrs
  -> Eυχαριστώ, Σοφία.

agree  Evdoxia R. (X)
19 hrs
  -> Ευχαριστώ, Ευδοξία.
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