Subgrant
/ˈsʌbɡrænt/
Definitions
- (n.) A transfer of funds or property from a grantee to a third party under the terms of the original grant.
The nonprofit issued a subgrant to the local organization to carry out the project.
Forms
- subgrant
- subgrants
- subgranted
- subgranting
Related terms
See also
Commentary
The term 'subgrant' is often used in grant administration contexts to designate an onward transfer of grant funds; clarity in agreements defining responsibilities of subgrantees is essential.
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.