Meaning of “block grant” in the English Dictionary

business-english dictionary

"block grant" in Business English

See all translations

block grantnoun [ C ]

uk us ECONOMICS, FINANCE

an amount of money given by a government to particular areas of a country to spend on public services such as houses, roads, etc.:

Cuts in federal block grant funding have made it more difficult for the city to support community development projects.

(Definition of “block grant” from the Cambridge Business English Dictionary © Cambridge University Press)