What is the meaning of term grant?
What is the meaning of term grant?
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. More from Merriam-Webster on grant.
How do you use grant in a sentence?
Grant sentence example
- Then I will grant you a favor.
- They will grant you safe passage.
- I cannot grant you that.
- If you are pleased enough about your victory, you will grant me leave to show you.
- With a grant from the National Foundation for Infant Paralysis, he went to work on a polio vaccine.
Does grant mean free?
What Is A Grant? According to the U.S. Department of Education, grants are sometimes known as “gift aid”, or free money to put towards your college education. Grants are typically awarded on the basis of need and generally do not have to be repaid as long as you meet all of the obligations.
What does a grant mean in money?
A grant is an amount of money that a government or other institution gives to an individual or to an organization for a particular purpose such as education or home improvements. If someone in authority grants you something, or if something is granted to you, you are allowed to have it.
What does grants mean in business?
Grants are sums of money given to businesses by the government, philanthropists, or other companies. Small business grants are often aimed at specific regions, specific industry sectors, specific types of businesses, or specific community groups, which can make grants hard to access for certain companies.
Is grant money refundable?
No repayment necessary: Grants are non-repayable. Once you’re awarded the grant money, it’s yours without any strings attached. There’s no need to worry about monthly payments or piling on more debt. Repayment is the fundamental difference between a grant and a loan, and also what makes grants more valuable than loans.
Which statement best defines a grant?
Which statement best defines a grant? Answer: The correct answer would be option C, A Grant is money given by an organization for a specific purpose. Explanation: A grant is basically the amount of money which a Government or any other institution gives to someone or some organization or institution to serve a specific purpose.
What does a grant mean?
A grant is an amount of money that a government or other institution gives to an individual or to an organization for a particular purpose such as education or home improvements. They’d got a special grant to encourage research.
Is there any difference between Grant and aid?
Aid is basically the transfer of resources or funds from one country to another aimed at benefiting the country that receives it.
What is the difference between Grant and funds?
As nouns the difference between fund and grant is that fund is a sum or source of money while grant is the act of granting; a bestowing or conferring; concession; allowance; permission. As verbs the difference between fund and grant is that fund is to pay for while grant is to give over; to make conveyance of; to give the possession or title of; to convey; — usually in answer to petition.
