grantor Meaning in the Cambridge English Dictionary

Meaning of “grantor” in the 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, ​centralgovernmentrequiresinformation from ​localgovernment 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 ​formertenants, 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 ​officiallyask for : The ​companyacting as credit grantor will ​requireconfirmation of all other ​financialcommitments.
(Definition of grantor from the Cambridge Business English Dictionary © Cambridge University Press)
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