CESG

"CESG" means canada education savings grant—a subsidy provided by the federal government of canada to canadian residents enrolled in an resp (registered education savings plan), in order to help defray the costs of higher education for the enrollee's children. It is one of many casual words teens pick up from friends, social media, music or sport, and on its own it carries no particular warning. If you hear your teen use it, it is fair to ask what they mean by it in their friend group, since meanings drift quickly. Asking out of curiosity rather than alarm tends to keep the conversation open and useful.

"CESG" is informal English meaning canada education savings grant—a subsidy provided by the federal government of canada to canadian residents enrolled in an resp (registered education savings plan), in order to help defray the costs of higher education for the enrollee's children. It is used widely across English varieties. A more formal or neutral equivalent would be something like "canada education savings grant—a subsidy provided by the federal government of canada to canadian residents enrolled in an resp (registered education savings plan)" expressed in standard vocabulary. A common mistake is to assume "CESG" can replace its standard equivalent in every register; keep it for spoken or casual situations and use the formal form in writing.