Meaning of “grantor” in the English Dictionary

business-english dictionary

"grantor" in Business English

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grantornoun [ C ]

uk /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)