grant / subvention: what’s the difference?

I can see no clear difference between these two words. They both refer to financial aid that is given by a giver to a receiver. Givers are often government bodies, either local or national, but not always. Receivers can be other government bodies, corporations, small businesses, academic institutions, NGOs, private individuals. The grant/subvention will be defined by the giver and then the word grant or subvention will be specified. Colloquially we talk about getting a grant, eg. to study, but in business it would perhaps more often be referred to as a subvention.

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About Robert D. E. Senior

Fully qualified and experienced Professional English teacher / trainer UK native speaker BA (hons, first class) Linguistics and TEFL 15 years experience in UK, Spain and Austria FCE - CAE - CPE - BEC V - BEC H - TOEFL - IELTS Business, Academic and General English
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2 Responses to grant / subvention: what’s the difference?

  1. Councilor Bernice says:

    Thanks for the explanation but can you educate us more on subscription

    Like

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