Grants In Aid Government Definition, What Is A Grant Definition And Meaning Market Business News
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Therefore no repayment is required but funds must be spent according to the federal governments.
Government logo transparent. A grant in aid is money coming from a central government for a specific project. Meaning pronunciation translations and examples. These grants are not loans.
Federal grants in aid are funded with money from income tax revenues. A sum of money granted by one government to a lower level of government or to a. Grants in aid synonyms grants in aid pronunciation grants in aid translation english dictionary definition of grants in aid.
Such funding is usually used when the government and the legislature decide that the recipient should be publicly funded but operate with reasonable independence from the state. A giving of federal funds to a state or local government to subsidize a public project.
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