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English definition of “grantor”

grantor

noun [C]
 
 
/ɡrænˈtɔːr/ US   /ˈɡræntər/
GOVERNMENT, FINANCE a person or organization that gives grants (= money for a particular purpose): As grantor, central government requires information from local government that funds are being used well.
LAW, PROPERTY a person or organization that makes someone the owner of land or property: The land was transferred to the former tenants, but the grantor maintained the right to make use of it until his death.
FINANCE a person or company that gives people something that they officially ask for : The company acting as credit grantor will require confirmation of all other financial commitments.
(Definition of grantor from the Cambridge Business English Dictionary © Cambridge University Press)
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