A business corporation or business executive receiving significant financial assistance from government sources.
Etymology:
- Coined in 1972 by Canadian labor leader and politician David Lewis.
- 23 Views
“
[A]nother $8 million went to keep alive Quebecair, a corporate welfare bum if ever there was one.
Submitted on July 10, 2018
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"corporate welfare bum." Phrases.com. STANDS4 LLC, 2024. Web. 18 Dec. 2024. <https://www.phrases.com/phrase/corporate-welfare-bum_25413>.
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