Grant Funding
/ˈɡrænt ˈfʌndɪŋ/
Definitions
- (n.) Monetary support provided by a government, institution, or organization to fund a project, program, or research without expectation of repayment.
The university secured grant funding to develop renewable energy technologies.
Forms
- grant funding
Related terms
See also
Commentary
Grant funding typically implies non-repayable financial assistance, distinguishing it from loans or contracts involving reciprocal obligations.
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.