grantee

noun grant·ee \ gran-ˈtē \
|Updated on: 10 Jun 2018

Definition of grantee

: one to whom a grant is made

Recent Examples of grantee from the Web

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

First Known Use of grantee

15th century

in the meaning defined above

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Financial Definition of GRANTEE

grantee

What It Is

In the legal world, a grantee is a person who receives something.

How It Works

In real estate, a grantee is a person who receives property after a sale or other transfer of title. In business, a grantee could be a person who receives a stock option grant. The idea is that the grantee receives something from another person, often called the grantor.

Why It Matters

Grantees receive title and claim to assets of all kinds: stock options, real estate, or the legal use of some sort of asset. In contracts and other agreements, it is important to understand who exactly the grantee is.


Law Dictionary

grantee

noun grant·ee \ gran-ˈtē \

legal Definition of grantee

: one to whom a grant is made; specifically : one to whom a grant by deed is made

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