Meaning of “grant in aid” in the English Dictionary


"grant in aid" in Business English

See all translations

grant in aidnoun [ C or U ]

uk us also grant-in-aid

GOVERNMENT, FINANCE an amount of money given by the government to a government department or social organization that is not a business:

Grant in aid is paid where the Scottish Government has decided that the recipient body should operate at arm's length from government.
This year grant-in-aid funding is available to voluntary sector bodies.

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