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grant

noun [C]
 
 
/ɡrɑːnt/ US  /ɡrænt/

Definition

B1 an amount of money given especially by the government to a person or organization for a special purpose: a student/research grant a local authority/government grant [+ to infinitive] They gave/awarded her a grant to study abroad for one year.Grants and allowances
(Definition of grant noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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