A currency (from Middle English: curraunt, in circulation, from Latin: currens, -entis) in the most specific use of the word refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.
Although commonly extended from Government, the term subsidy can relate to any type of support-for example from NGOs or implicit subsidies. Subsidies com: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, depreciation write-offs, rent rebates).ith an employment subsidy, the government provides assistance with wages. Another form of employment subsidy is the social security benefits. Employment subsidies allow a person receiving the benefit to enjoy some minimum standard of living.
The first allocated the subsidy to the Education Secretaries and to the District Education Offices, for onward transfer to schools. The second used a third-party, KPMG, to distribute the subsidy directly to the schools (World Bank 2004b).