One of the mysteries of the English language finally explained.
Subsidize (a business or activity) out of the profits of another business or activity.
- ‘But if we look at those that have done well, they have been cross-subsidised.’
- ‘If you make it illegal for insurance companies to distinguish those drivers from other drivers, then the low-risk drivers will essentially be legally required to cross-subsidize the high-risk drivers.’
- ‘The idea is to have lots of healthy young people insured who are cross-subsidising the older and sicker subscribers.’
- ‘The former can unambiguously be associated with a particular service not covering its avoidable costs and being cross-subsidized by a service which more than covers its avoidable costs.’
- ‘In any case, public sector institutions are able to cross-subsidise losses from Government-funded domestic student operations in a way that the private sector cannot.’
- ‘No manufacturer engaged in worldwide competition can afford to cross-subsidise one part of the world from another.’
- ‘That income is then used to cross-subsidise a programme of visual arts, live theatre, dance, performance and music.’
- ‘Is there not a case for cross-subsidising the cost of connecting more remote areas from the revenues gained from more profitable existing connections?’
- ‘Well, it is the retail part of their businesses that cross-subsidises some of the other activities that pharmacists do.’
- ‘High premiums offer less value to young, healthy members who cross-subsidise the older, often sicker members and are crucial to a sustainable medical aid fund.’
- ‘Central city residents might thus cross-subsidize the extension of services into distant suburbs.’
- ‘Rich households look set to pay more for water to cross-subsidise a free supply of 6000 litres a month to poor households.’
- ‘They have been able to cross-subsidise the hospital and rest home sector, which is unfortunate, because that sector should be funded adequately to be able to provide that level of care.’
- ‘If we can guarantee that those companies will not cross-subsidise the investment, why not let them make it?’
- ‘Existing taught postgraduate programmes are largely safe from deletion, with universities expected to cross-subsidise them with profitable undergraduate courses.’
- ‘Most important, they can cross-subsidise their facilities from research funding, which is highly competitive and unequally distributed.’
- ‘The survey lends some support to the complaint by business organisations that they are forced to cross-subsidise cheaper electricity prices for consumers.’
- ‘This is nice for the postgraduates concerned but not so nice for the parts of the universities that are cross-subsidising the contest.’
- ‘If approved, the proposals could remove the power of health boards and universities to cross-subsidise loss-making departments or expensive areas of treatment from those which are more profitable.’
- ‘We operate many services that lose money in our communities and cross-subsidize with services that pay well.’
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