grant [ME, granten, to believe a request] , a monetary award given to an institution, a project, 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.
