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Etymology: ME, granten, to believe a request
a monetary award given to an institution, a project, equipment, or an individual by the federal government, a foundation, a private business, or an institution to provide financial support for research, service, or training. The applicant usually writes a formal application (proposal) for the grant, which is reviewed by the granting agency and compared with other proposals. The grantee is usually accountable to the grantor for reporting the outcomes as a result of the awarded resources.
grantResearch A sum of money or financial support provided to a worker or researcher for performing innovative or novel work. See Block grant, Matching grant, Medicaid block grant, Modular grant, Noncompeting grant, Research grant, Research project grant, Subgrant.
A financial award given to an academic or professional investigator to support his or her research.