Grant-in-aid (noun) Definition, Meaning & Examples

Admin
noun, plural grants-in-aid.
  1. a subsidy furnished by a central government to a local one to help finance a public project, as the construction of a highway or school.
  2. a financial subsidy given to an individual or institution for research, educational, or cultural purposes.
noun plural grants-in-aid
  1. a sum of money granted by one government to a lower level of government or to a dependency for a programme, etc
  2. a grant provided by the central government or local education authority to ensure consistent standards in buildings and other facilities
Grant-in-aid (noun) Definition, Meaning & Examples

More Definitions