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 project grant, Subgrant.

grant

(grănt) [ME.]
A financial award given to an academic or professional investigator to support his or her research.
References in periodicals archive ?
For partially vested options or those granted after adopting Statement no.
For an option to qualify as an ISO, the exercise price cannot be less than the fair market value of the stock at the time the option is granted.
In general, an ISO cannot be granted to an individual who, at the time of grant, owns stock having more than 10 percent of the combined voting power of all classes of stock of the employer corporation or of its parent or subsidiary corporation.
For purposes of computing the limitation, the fair market value of the stock is determined as of the date the ISO is granted.
ADI granted options to between 2,000 and 3,500 employees in each of the years under investigation.
Options to purchase 15,700 shares of Macromedia common stock were granted on September 1, 2004, and September 24, 2004, to seven non-executive employees of Animoi Oy, a company acquired by Macromedia in June 2004.
On September 1, 2004, a total of 340,000 shares were granted to six new employees.
Included in the non-officer employee stock option grants are grants to the following former CATC executive officers: Kevin Fitzgerald was granted stock options to purchase 6,667 shares of LeCroy common stock under each of Tranches #2 and #3; and Albert Lee was granted stock options to purchase 13,333 shares of LeCroy common stock under Tranche #1 and another 6,667 shares under Tranche #2.
On October 29, 2004, an employment inducement restricted stock grant to purchase 50,000 shares of LeCroy common stock was granted to Carmine J.
There will be a similar grant in May 1998, and in May 1999 full-time employees will be granted 200 options and part-time employees will be granted 100 options.