grant

verb
\ˈgrant \
granted; granting; grants

Definition of grant 

(Entry 1 of 4)

transitive verb

1a : to consent to carry out for a person : allow fulfillment of grant a request

b : to permit as a right, privilege, or favor luggage allowances granted to passengers

2 : to bestow or transfer formally grant a scholarship to a student specifically : to give the possession or title of by a deed

3a : to be willing to concede I grant you that the house is not in perfect condition.

b : to assume to be true granting that you are correct

grant

noun

Definition of grant (Entry 2 of 4)

1 : the act of granting

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

3a : a transfer of property by deed or writing

b : the instrument (see instrument entry 1 sense 4) 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

Grant

biographical name (1)
\ˈgrant \

Definition of Grant (Entry 3 of 4)

Cary 1904–1986 originally Archibald Alexander Leach American (British-born) actor

Grant

biographical name (2)

Definition of Grant (Entry 4 of 4)

Ulysses S. 1822–1885 originally Hiram Ulysses Grant American general; 18th president of the U.S. (1869–77)

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Other Words from grant

Verb

grantable \ˈgran-tə-bəl \ adjective
granter \ˈgran-tər \ noun
grantor \ˈgran-tər, -ˌtȯr; gran-ˈtȯr \ noun

Synonyms & Antonyms for grant

Synonyms: Verb

acknowledge, admit, agree, allow, concede, confess, fess (up), own (up to)

Synonyms: Noun

allocation, allotment, annuity, appropriation, entitlement, subsidy

Antonyms: Verb

deny

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Choose the Right Synonym for grant

Verb

grant, concede, vouchsafe, accord, award mean to give as a favor or a right. grant implies giving to a claimant or petitioner something that could be withheld. granted them a new hearing concede implies yielding something reluctantly in response to a rightful or compelling claim. even her critics concede she can be charming vouchsafe implies granting something as a courtesy or an act of gracious condescension. vouchsafed the secret to only a few chosen disciples accord implies giving to another what is due or proper. accorded all the honors befitting a head of state award implies giving what is deserved or merited usually after a careful weighing of pertinent factors. awarded the company a huge defense contract

Examples of grant in a Sentence

Verb

The mayor refused to grant my request for an interview. The court granted the motion for a new trial. I cannot grant you that wish. We haven't yet been granted access to the archive. The country was granted independence in 1950. The judge granted custody of the children to their mother. I grant that he's a talented writer, but I just don't find his books very interesting. The house is not perfect, I grant you that.

Noun

Her study is being funded by a federal grant. They wrote a grant proposal to get funding for the project.
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Recent Examples on the Web: Verb

Only 19 states had granted women full or partial suffrage before 1920, when all U.S. women achieved full voting rights. Olivia Campbell, Smithsonian, "The Historical Struggle to Rid Socialism of Sexism," 12 July 2018 Los Angeles Superior Court Judge Nancy Newman has granted the petition for arbitration. Eriq Gardner, The Hollywood Reporter, "CAA, UTA Headed to Second Arbitration Over "Lawless Midnight Raid"," 11 July 2018 President Trump — en route to Brussels — has granted full pardons to two Oregon cattle ranchers. Benjamin Hart, Daily Intelligencer, "Trump Pardons Arsonists That Inspired 2016 Bundy Standoff," 10 July 2018 His company has only been granted a provisional license, which means the cannabis commission must still inspect his facility and screen his staff. Matthew Ormseth, courant.com, "What To Know About Recreational Marijuana Sales in Massachusetts," 5 July 2018 Some developers have applied for access to Gmail but have not been granted permission, although the company won’t say how many. Shannon Liao, The Verge, "Gmail app developers have been reading your emails," 2 July 2018 The city has not been granted access to go inside the building, but was allowed to re-inspect the exterior. Allie Gross, Detroit Free Press, "City working with owners of dilapidated house near LCA to avoid condemnation," 30 June 2018 So far relatively few have been granted licences, though many thousands have applied. The Economist, "Politics this week," 28 June 2018 The state has granted more than 50 districts permission to appoint a marshal, and more than 40 districts are waiting to be approved. Alejandra Matos, Houston Chronicle, "Texas schools armed 33 staff members through School Marshal program," 28 June 2018

Recent Examples on the Web: Noun

The primary grant for major party candidates is $1.35 million under the Citizens’ Election Program, which Ganim was ruled ineligible for because of his felony public corruption conviction during his first stint as mayor of the state’s largest city. Neil Vigdor, courant.com, "Joe Ganim Approaches $800K Fundraising Mark In Governor's Race," 9 July 2018 Lydia Sisson, the group’s codirector, said the grant allows it to strengthen its community partnerships and help seniors use the state’s Healthy Incentives Program to have access to fresh, affordable produce. Morgan Hughes, BostonGlobe.com, "Curing the flu, wedding dresses for soldiers, and food for the elderly," 13 July 2018 Limited scholarships are available through funding from the Health Museum and various grants. Alex Park, Houston Chronicle, "Youths explore medicine at Global Teen Medical Summit," 13 July 2018 Tuesday’s announcement, which came a few weeks later than usual, starts the application process and the grants will be likely awarded by September. Naseem S. Miller, OrlandoSentinel.com, "Obamacare navigator money cut by 70 percent," 12 July 2018 The Pennsylvania grants will in some cases pay for the establishment and expansion of programs that prepare teachers and principals with a full-year residency. Philly.com, "The teacher supply is plummeting. Pa. will spend $2M to stem the tide," 12 July 2018 Northeastern says the grant isn't funding research that has anything to do with immigration enforcement. Fox News, "Protesters targeting Northeastern over $2.7M ICE contract," 11 July 2018 Until now, the grants have been used only to help people choose and buy ACA health plans or to help steer people with low incomes toward Medicaid. chicagotribune.com, "Trump's cuts to grants that help Americans get ACA coverage are latest strategy to undermine the law," 11 July 2018 Rhode Island Secretary of State Nellie Gorbea thanked the House committee for the grants but said states need more money to replace their outdated equipment and boost their staffing. Erin Kelly, USA TODAY, "Russia so far not mounting 'robust' hacking effort against U.S. election, official says," 11 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'grant.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of grant

Verb

13th century, in the meaning defined at sense 1a

Noun

13th century, in the meaning defined at sense 1

History and Etymology for grant

Verb

Middle English, from Anglo-French granter, graanter, from Vulgar Latin *credentare, from Latin credent-, credens, present participle of credere to believe — more at creed

Noun

see grant entry 1

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Statistics for grant

Last Updated

12 Oct 2018

Look-up Popularity

Time Traveler for grant

The first known use of grant was in the 13th century

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More Definitions for grant

grant

noun

Financial Definition of grant

What It Is

In the business world, a grant usually refers to a stock option grant. However, the term can also refer to federal funding for research, business ventures or partnerships.

How It Works

Let's assume that John Doe receives options to buy 2,000 shares of Company XYZ, his employer, for $10 a share. He receives the option grant as part of his compensation package. His shares vest over a five-year period, meaning they do not become exercisable for five years.

Accordingly, if Company ABC comes along and buys a 51% stake in Company XYZ and John Doe's options automatically vest, John could exercise his options at $10 a share, sell the shares for $20 a share, and walk away with a tidy profit.

Why It Matters

Option grants are incentive compensation that encourage employees to do work that increases the stock price and thus shareholder value, which is the primary objective of all businesses. A company's board of directors normally must approve option grants.

Source: Investing Answers

grantor

noun

Financial Definition of grantor

What It Is

In the legal world, a grantor is a person or entity creating a trust.

How It Works

A trustee is a person or entity that has a fiduciary duty to another person or entity, called the beneficiary. The trustee holds cash, assets or title to property for the benefit of the beneficiary. The trustee's job is to appropriately manage the assets in the trust and ensure they are disbursed in the best interests of the beneficiary on behalf of the grantor.

Trusts and grantors of those trusts are often involved in a variety of situations, particularly those relating to personal estates. In the business world, companies often involve trustees in debt offerings, mergers and other situations involving two parties, a large amount of money, and conditions under which the money moves between the parties.

For example, let's assume Company XYZ issues $100 million of bonds. Company XYZ, the grantor, will appoint a trustee, usually a large bank or similar entity, to act on behalf of the bondholders. The trustee receives and distributes interest payments to the bondholders, maintains lists of the bondholders, and performs similar duties on their behalf. The trustee also monitors Company XYZ's compliance with the covenants and communicates with the bondholders when the issuer is not in compliance.

If the bonds have a sinking fund (which is a requirement to set money aside periodically to repay the bonds), the grantor, Company XYZ, will be required to make payments to the trustee during the bond term. The trustee would then use the funds to repurchase some or all of the bonds on the open market.

Why It Matters

Trusts and the grantors that create them play an important role for businesses and individuals. In many cases, grantors appoint trustees to make sure that assets held on behalf of individuals are not misused. However, companies also have similar wishes in some situations.

As mentioned earlier, the trustee's job is to act in the best interests of the beneficiary. This responsibility is called fiduciary duty, and the trustee is legally obligated to uphold this duty. If it fails to do so, it could be legally liable for damages even if the grantor approves of its actions.

Source: Investing Answers

grant

verb

English Language Learners Definition of grant

 (Entry 1 of 2)

: to agree to do, give, or allow (something asked for or hoped for)

: to give (something) legally or formally

: to admit (something) although it does not agree with or support your opinion

grant

noun

English Language Learners Definition of grant (Entry 2 of 2)

: an amount of money that is given to someone by a government, a company, etc., to be used for a particular purpose (such as scientific research)

: an area of land that is given to someone by a government

grant

verb
\ˈgrant \
granted; granting

Kids Definition of grant

 (Entry 1 of 2)

1 : to agree to do, give, or allow I'll grant you three wishes. The teacher granted an extension.

2 : to give legally or formally The country was granted independence.

3 : to admit to or agree with “She's a little one-sided, I grant you,” Mrs. Murry said …— Madeleine L'Engle, A Wrinkle in Time

grant

noun

Kids Definition of grant (Entry 2 of 2)

1 : the act of giving or agreeing to

2 : something given a land grant

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Legal Definition of grant 

(Entry 1 of 2)

1 : to permit as a right or privilege grant a new trial the Supreme Court granted certiorari

2 : to bestow or transfer formally specifically : to transfer the possession or title of by a deed : convey

grant

noun

Legal Definition of grant (Entry 2 of 2)

1 : the act of granting

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

3a : a transfer of property by deed or writing

b : the instrument by which such a transfer is made also : the property so transferred

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Comments on grant

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WORD OF THE DAY

to reject or criticize sharply

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