« Back to Glossary Index
Tags: payments, public administration
Categories: Economics & Finance
Bounty, contribution, gift, or subsidy (in cash or kind) bestowed by a government or other organization (called the grantor) for specified purposes to an eligible recipient (called the grantee).
(source: http://www.businessdictionary.com/definition/grant.html#ixzz2cQyo75YM)