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.
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.