Grants
8 definitions

Grants
Transfer payments from the federal government to state and local governments or other recipients to help fund projects or activities that do not involve substantial federal participation.
Grants

A federal financial assistance award making payment in cash or in kind for a specified purpose. The federal government is not expected to have substantial involvement with the state or local government or other recipient while the contemplated activity is being performed. The term "grants-in-aid" is commonly restricted to grants to states and local governments.

Grants

Assistance awards for which no substantial involvement is anticipated between DoD and the recipient during performance of the contemplated activity.

Grants
"Grants" means grants which the locality has been formally advised in writing it will receive and "reimbursements" means money which either the federal or state government is obligated to pay the locality on account of expenditures made in anticipation of receiving the payment from the federal or state government. The locality may borrow the full amount of the grant or reimbursement that the federal or state government is obligated to pay at the time the notes are issued. The notes shall be repaid by the earlier of thirty days after the grant or reimbursement is received or one year from the date of their issuance.
Grants

Typically used to describe amounts of money received by an organization for a specific purpose but with no obligation to repay (in contrast to a loan, although the award may stipulate repayment of funds under certain circumstances). For example, the state receives some federal grants for the implementation of health and community development programs, and the state also awards various grants to local governments, private organizations, and individuals according to criteria applicable to the program.

Grants

Direct financial contributions, by way of donation, from the budget in order to finance either an action intended to help achieve an objective part of a EU policy or the functioning of a body which pursues an aim of general European interest or has an objective forming part of a EU policy.

Grants

Grants are transfers made in cash, goods or services for which no repayment is required.

Grants

Planning and training grants to deal with hazardous materials emergencies.

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About this term

Grants has been defined 8 different ways in documents like Congressional Budget Office Glossary of Terms, Planning Glossary, DoD Financial Management Regulation Glossary, and 5 more.

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