Grant Agreement
/ˈɡrænt əˌɡriːmənt/
Definitions
- (n.) A legally binding contract wherein one party (the grantor) agrees to transfer funds or property to another party (the grantee) subject to specific terms and conditions.
The grant agreement outlined the obligations of the non-profit organization receiving the funds.
- (n.) An agreement governing the terms of a grant awarded by a governmental or private funding agency to support a particular project or purpose.
The research team signed the grant agreement before commencing the funded study.
Forms
- grant agreement
- grant agreements
Related terms
See also
Commentary
Grant agreements often include detailed conditions on how funds or property must be used, with provisions for monitoring and reporting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.