Grant Funds
/ˈɡrænt fʌndz/
Definitions
- (n.) Monetary resources provided by an entity, usually a government or foundation, to finance a specific project or purpose without expectation of repayment.
The nonprofit organization received grant funds to support its educational programs.
Forms
- grant funds
Related terms
See also
Commentary
Grant funds typically require compliance with specific conditions outlined in the grant agreement; precise drafting ensures proper use and accountability.
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.