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grant |
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grant 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. grant Research 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
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In addition, stock options outstanding or grantable were reduced by 17% through a voluntary stock option exchange program completed in May 2004. All in all, there are now 338,946 or 17% fewer options outstanding or grantable today than there were before the Stock Option Exchange Program was implemented. |
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