grant

²grant

noun

Definition of GRANT

1

: the act of granting

2

: something granted; especially : a gift (as of land or money) for a particular purpose

3

a : a transfer of property by deed or writing b : the instrument by which such a transfer is made; also : the property so transferred

4

: a minor territorial division of Maine, New Hampshire, or Vermont originally granted by the state to an individual or institution

Examples of GRANT

1. Her study is being funded by a federal grant.
2. They wrote a grant proposal to get funding for the project.

First Known Use of GRANT

13th century

Related to GRANT

Synonyms: allocation, allotment, annuity, entitlement, appropriation, subsidy, subvention

Related Words: aid, assistance, block grant, grant-in-aid, set-aside; foreign aid, relief, state aid; advance, allowance, benefit, bequest, endowment, fund, legacy, stipend, trust, trust fund

[+]more[-]hide

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer