Regional
LOSP Full Form - What is Full Form of LOSP?
Full Form: | Local Operating Subsidy Program |
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Category: | Regional |
Sub Category: | Regional Terms |
What is Meaning of LOSP?
LOSP full form Local Operating Subsidy Program.
What is Local Operating Subsidy Program?
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy.[1] Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates).[2][3]