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

Within 15 minutes, the hearing was over and Carlos was granted a $7,500 bond. Melissa Del Bosque, ProPublica, "The Case That Made an Ex-ICE Attorney Realize the Government Was Relying on False “Evidence” Against Migrants," 13 Aug. 2019 When the time comes on Wednesday night, AGT viewers in the Eastern and Central time zones will be granted a short window of time to cast their Dunkin Save votes during the live show. Heather Finn, Good Housekeeping, "Here's How the 'AGT' 2019 "Dunkin Save" Vote Works, in Case You're Confused," 13 Aug. 2019 Last year Ole Miss transfer receiver Van Jefferson was granted eligibility to play right away because the Rebels were under NCAA sanctions. Edgar Thompson, orlandosentinel.com, "Gators to seek eligibility waiver for Georgia transfer LB Brenton Cox Jr.," 12 Aug. 2019 The speech reminds us that heartbreak is a product of our ability to feel, and should not be taken for granted. The Atlantic, "What Is the Greatest Movie Quote of All Time?," 11 Aug. 2019 Zander Neuville, who suffered two season-ending knee injuries during his five years in the program, has been granted a sixth year of eligibility. Jeff Potrykus, Milwaukee Journal Sentinel, "Zander Neuville gains a sixth year of eligibility to rejoin Wisconsin for the 2019 season," 9 Aug. 2019 Two other Chinese wireless carriers, China Telecom and China Unicom, have also been granted licenses to operate commercial 5G networks of their own. Jon Porter, The Verge, "ZTE releases first 5G phone in China," 5 Aug. 2019 Colorado was granted statehood in 1876 by President Ulysses S. Grant, who is known among Coloradan school children as the president with the hardest first name to spell. Danika Worthington, The Know, "Colorado state parks will be free on Monday in honor of Colorado Day," 1 Aug. 2019 The personnel groupings, 10 men in the huddle, 11 men in the huddle, always be on top of it and don’t take it for granted. Jim Mcbride, BostonGlobe.com, "Brian Hoyer gets down to business," 26 July 2019

Recent Examples on the Web: Noun

Further information about the grant, including its amount, was unavailable at presstime. Jennifer Bolton, Houston Chronicle, "Dickinson ISD focus: Help teachers build relationships with students," 15 Aug. 2019 In addition to the grants given to arts entities, a total of $48 million was granted to state humanities councils. Susan Dunne, courant.com, "Six Connecticut cultural projects receive nearly half-million dollars from National Endowment for the Humanities," 15 Aug. 2019 City Council could vote next week to accept the grant, which would provide $250,000 in the first year and another $125,000 in the second year. Robert Higgs, cleveland.com, "Cleveland considers shot sensor technology to help police pinpoint location of gunfire," 14 Aug. 2019 The company was given massive tax breaks to build the petrochemicals complex, along with a $10 million site development grant, with local politicians eager to accommodate a multibillion-dollar construction project. Washington Post, "Trump claims credit for Shell plant announced under Obama," 13 Aug. 2019 The commission voted on Monday to accept the grant, which consists of money from oil and natural gas leases in the Gulf of Mexico. al, "Mobile County to buy bayfront property with state grant," 13 Aug. 2019 The county’s Community Enhancement Program supplies grants to cultural activities, museums, visitor centers, economic development councils and similar institutions that promote and generate tourism or economic development on a community level. San Diego Union-Tribune, "San Diego County, USD partner to launch small business program in six neighborhoods," 12 Aug. 2019 In addition to the DOE grant, SwRI, a nonprofit, is receiving an additional $760,658 from industry and university partners. Randy Diamond, ExpressNews.com, "San Antonio’s Southwest Research Institute lands $3M to design cleaner coal plant," 12 Aug. 2019 The league grants eligibility exceptions in some cases, such as students who are forced to withdraw from school. Josh Verges, Twin Cities, "Osseo student with ADHD sues for seventh year of baseball eligibility," 8 Aug. 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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Learn More about grant

Statistics for grant

Last Updated

17 Aug 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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