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Meaning of “grantee” in the English Dictionary

"grantee" in Business English

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granteenoun [C]

uk   /ɡrɑːn'tiː/  us   /ɡræn'tiː/
FINANCE a person or organization that receives a grant: Any unused funds should be returned by the grantee at the end of the project.
LAW, PROPERTY a person or organization that legally owns land or property: After the transfer of his estate, his former tenant became the legal grantee.
(Definition of grantee from the Cambridge Business English Dictionary © Cambridge University Press)
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“grantee” in Business English

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