Grant

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Grant

The issuance of an award under a stock plan, such as a stock option or shares of restricted stock.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Grant

An amount of money given, usually by a government or nonprofit organization, to fund certain projects. One may receive a grant for academic or scientific research, or to further one's education, or to engage in charity work. The United States government makes many grants, often of an educational or scientific nature. Grants are also a key part of many philanthropic foundations' activities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

grant

The act of conveying title to real estate via a voluntary transfer. In some states, use of the words “grant,bargain,and sell”in a deed automatically incorporates some or all of the typical deed warranties. (See warranty deed.) In order to avoid the consequences of such statutes, if a grantor wishes to convey title without any warranties,it should use a quitclaim deed or the words “bargain, sell,and quitclaim”rather than “grant,bargain,and sell.”

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.