grant

verb
\ ˈgrant How to pronounce grant (audio) \
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 How to pronounce Grant (audio) \

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 How to pronounce grantable (audio) \ adjective
granter \ ˈgran-​tər How to pronounce granter (audio) \ noun
grantor \ ˈgran-​tər How to pronounce grantor (audio) , -​ˌtȯr ; gran-​ˈtȯr How to pronounce grantor (audio) \ noun

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

The proposal would also grant this group of young undocumented immigrant access to federal financial aid for college. Camilo Montoya-galvez, CBS News, "House passes latest DREAM Act, hoping to place millions of immigrants on path to citizenship," 4 June 2019 Marion Superior Court Judge Gary Miller granted a motion from the insurers in April that ordered the Colts to produce an array of documents sought by the insurance companies. Jenny Green, Indianapolis Star, "Insurers demand to know what the Colts knew about concussion risks," 4 June 2019 On December 8, 1981, the Supreme Court handed down the Widmar decision and ruled overwhelmingly in favor of the Christian student group, granting it equal access to campus facilities. David French, National Review, "Against Conservative Cultural Defeatism," 4 June 2019 Jeopardy’ for granted, and it’s nice when something like this comes along. Emily Yahr, The Denver Post, "How James Holzhauer’s astonishing “Jeopardy!” run came to a dramatic end," 3 June 2019 Unlike other Western nations, the U.S. does not grant people in need of international protection any public assistance, nor are those people immediately allowed to work. Masha Gessen, The New Yorker, "Ireland’s Strange, Cruel System for Asylum Seekers," 26 May 2019 New York has granted Charter several deadline extensions, including one last week, as negotiations continue. Jon Brodkin, Ars Technica, "Charter users who didn’t get promised speeds will get $75 or $150 refunds," 18 Dec. 2018 He will be granted €20,000 from Première Vision, the opportunity of showing at Mercedes Benz Fashion Week Spring 2020 in Berlin, a collaboration with Chanel Métiers d’Art, and a prize of €10,000 from Petit Bateau. Tiziana Cardini, Vogue, "The Festival d’Hyères’s Top Prize Goes to a Young Austrian Whose Focus Is Upcycling," 29 Apr. 2019 The same year that Saudi Arabia made headlines for finally granting women the right to drive. Jennifer Chowdhury, Marie Claire, "Why Ilhan Omar's Victory Speech Starting With an Islamic Greeting Is So Important," 9 Nov. 2018

Recent Examples on the Web: Noun

The foundation’s grant allows charitable organizations in South Florida to request financial support for their programs. Kari Barnett, sun-sentinel.com, "Free swimsuits, water safety reminder kick off summer at YMCA," 6 June 2019 The club foundation also distributes $40,000 to $50,000 annually in the form of grants to deserving organizations throughout the community. James Kaspar, Pomerado News, "Rancho Bernardo Rotarians award $12K in scholarships," 6 June 2019 The studio is steeped in politics, having gotten its start with oodles of state grants under former Gov. Pat Quinn. John Kass, chicagotribune.com, "Mayor Lori Lightfoot wants a book on the history of Chicago corruption. What would Ald. Edward Burke send her?," 5 June 2019 Operations at the Courage House will be supported through a combination of private donations, as well as private and government grants. Talis Shelbourne, Milwaukee Journal Sentinel, "Milwaukee's Courage House for LGBTQ+ youth fills one of their five beds — and both homeowners' hearts," 5 June 2019 Eight neighborhood inspector positions (currently funded with grant money). Jessica Boehm, azcentral, "Phoenix City Council to cut property tax rate, but most residents will pay more," 5 June 2019 While delta 32 grants H.I.V. immunity and may protect against smallpox, previous research suggests the genetic variant makes people more vulnerable to other illnesses, including the flu and West Nile virus. Jason Daley, Smithsonian, "China’s ‘CRISPR Babies’ May Be More Likely to Die Young," 5 June 2019 For the past two decades, the Balboa Bay Club (BBC) has awarded college grants to local students nominated by each of the four high schools: Corona del Mar, Costa Mesa, Estancia and Newport Harbor. Coast Magazine, Orange County Register, "24 Newport Mesa Graduating Seniors awarded Balboa Bay Club Student Scholarships," 4 June 2019 One of the significant events of the evening was Dr. Kereiakes’s announcement of a challenge grant to fund the new IHHS Digital Arts Technology Lab. Kitsa Rhoad/share, Cincinnati.com, "Indian Hill Foundation honors alumni," 4 June 2019

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 and Noun

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

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Statistics for grant

Last Updated

8 Jun 2019

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 How to pronounce grant (audio) \
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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More from Merriam-Webster on grant

Rhyming Dictionary: Words that rhyme with grant

Thesaurus: All synonyms and antonyms for grant

Spanish Central: Translation of grant

Nglish: Translation of grant for Spanish Speakers

Britannica English: Translation of grant for Arabic Speakers

Britannica.com: Encyclopedia article about grant

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