(economics) A bounty, grant or economic advantage paid by a government to producers of goods for the manufacture, production, or export of an article, often to strengthen their competitive position. Export subsidies are contingent on exports; domestic subsidies are conferred on production without reference to exports.
The subsidy may be direct (a cash grant), or indirect, low-interest export credits guaranteed by a government agency, for example), or take a less direct form (R&D support, tax breaks, loans on preferential terms, and provision of raw materials at below-market prices).
(WTO) The payment of subsidies by a national government to export producers in a major trade issue. See World Trade Organization.