grant

verb

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\ 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 5) 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)

Other Words from grant Synonyms & Antonyms Choose the Right Synonym More Example Sentences Learn More about grant

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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.

Recent Examples on the Web: Verb That is, until Trump leaves office, and loses the immunity from criminal prosecution that presidents are granted by Justice Department policy. — Bob Egelko, SFChronicle.com, "Trump, after surviving impeachment, could face charges if he loses election," 9 Feb. 2020 These criteria are vague, at least partly because of the religious freedom granted by the Constitution. — Samuel Brunson, The Conversation, "What’s a church? That can depend on the eye of the beholder or paperwork filed with the IRS," 6 Feb. 2020 That doesn't mean the president won't still try to implement the tariffs on autos and auto parts using the authority granted by Section 232 of the Trade Expansion Act, trade policy experts note. — Sean Higgins, Washington Examiner, "Trump auto tariff threat at risk of being undone by a technicality," 29 Jan. 2020 Don't take any bonus for granted by simply letting that money flow easily into your checking account where it can be quickly spent. — Susan Tompor, Detroit Free Press, "February brings big bonuses to Delta Air Lines, UAW workers," 22 Jan. 2020 The deportation happened despite an emergency stay granted by a Massachusetts district court judge, Doyle said. — Christina Maxouris, Rebekah Riess And Carma Hassan, CNN, "A Northeastern University student from Iran has been removed from the US. His attorney says he had a student visa," 21 Jan. 2020 The 5th Circuit panel said the administration would be entitled to the same relief granted by the Supreme Court in that decision. — Nick Miroff, Anchorage Daily News, "Trump plans to divert additional $7.2 billion in Pentagon funds for border wall," 14 Jan. 2020 The Robinettes, his paternal grandmother’s kin, traced their ancestry in America to a tract of land near Media, Pennsylvania, originally granted by William Penn. — Fintan O’toole, The New York Review of Books, "The Designated Mourner," 7 Jan. 2020 Under normal practice, any case not granted by mid-January will not be heard during the court's current term. — Pete Williams, NBC News, "Supreme Court orders quick response in Obamacare challenge," 6 Jan. 2020 Recent Examples on the Web: Noun There was a glimmer of hope last Thursday when Vincent, who is also the student association's financial secretary, received a grant of 20,000 Chinese yuan ($2,870) from the Nigerian ambassador to China. — Sheena Mckenzie, CNN, "'As each day passes, the chances of evacuation slip by.' The Nigerian students 'abandoned' in Wuhan," 13 Feb. 2020 Last year, the Trump administration went as far as canceling a $929 million grant for the project, claiming that the state was failing to meet its benchmarks. — Kurtis Alexander, SFChronicle.com, "Cost of California’s high-speed rail rises, but trains to SF, LA still in the works," 12 Feb. 2020 The winner will be presented at Frieze New York and awarded a $25,000 grant. — Breanna Andrews, The Hollywood Reporter, "MoMA President Emerita's Art for Justice Celebrated at Frieze L.A. Kickoff Event," 12 Feb. 2020 Commissioners ratified an application for a grant from the governor’s office to provide $385,000 for the program. — Scott Huddleston, ExpressNews.com, "Bexar County Commissioners Court approves options for tackling San Antonio opioid crisis," 11 Feb. 2020 The group received a $15,000 grant from the Alliance Defending Freedom to help fund a legal fight against the Obama administration over transgender bathroom policies. — Washington Post, "Conservatives find unlikely ally in fighting transgender rights: radical feminists," 7 Feb. 2020 The expansion, estimated to cost $30 million, will be funded through a $20 million grant from the Lilly Endowment and $1 million committed last year from Anthem Foundation. — Amelia Pak-harvey, Indianapolis Star, "The Indianapolis Cultural Trail is getting two big expansions. Here's what you can expect.," 6 Feb. 2020 In the past 10 years, Walker’s Legacy has gone national, garnering a $400,000 grant from the Minority Business Development Agency and corporate partners from Google to Paypal. — NBC News, "How Walker's Legacy is moving the needle for women of color," 5 Feb. 2020 The Apollo High School football team is the 2019-20 school year's first recipient of a $2,500 grant from La-Z-Boy, the presenting sponsor of the azcentral Sports Awards. — Arizona Republic, azcentral, "La-Z-Boy donates $2,500 to Apollo High School football program," 30 Jan. 2020

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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Last Updated

16 Feb 2020

Cite this Entry

“Grant.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/granting. Accessed 21 Feb. 2020.

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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