block grant Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “block grant” in the English Dictionary

"block grant" in Business English

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block grantnoun [C]

uk   us   ECONOMICS, FINANCE
an ​amount of ​money given by a ​government to particular ​areas of a country to ​spend on ​publicservices such as ​houses, roads, etc.: Cuts in ​federal blockgrantfunding have made it more difficult for the city to ​supportcommunitydevelopmentprojects.
(Definition of block grant from the Cambridge Business English Dictionary © Cambridge University Press)
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