CASH GRANT Meaning and
Definition
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A cash grant refers to a financial assistance extended by a government or an organization to individuals or entities in the form of a direct monetary payment. It is a sum of money given with the purpose of meeting a specific need or supporting a particular project or program. Cash grants are typically provided to individuals, households, non-profit organizations, or businesses to assist them financially or promote their development.
These grants are often awarded based on predetermined criteria and objectives. Governments may offer cash grants to support social welfare programs, such as housing assistance, education, healthcare, or unemployment benefits. Non-profit organizations may receive cash grants to fund initiatives that align with their mission, such as community development projects, research studies, or humanitarian efforts. Similarly, businesses may be eligible for cash grants to stimulate economic growth, encourage job creation, or invest in research and development.
Cash grants differ from loans in that they do not require repayment. Instead, they are considered a form of assistance or investment provided to achieve specific objectives or alleviate financial burdens. The recipients of cash grants are often required to follow certain guidelines or conditions outlined by the grant provider. This helps ensure that the granted funds are used for their intended purpose and that the desired outcomes are achieved.
Common Misspellings for CASH GRANT
- xash grant
- vash grant
- fash grant
- dash grant
- czsh grant
- cssh grant
- cwsh grant
- cqsh grant
- caah grant
- cazh grant
- caxh grant
- cadh grant
- caeh grant
- cawh grant
- casg grant
- casb grant
- casn grant
- casj grant
- casu grant
- casy grant
Etymology of CASH GRANT
The etymology of the term "cash grant" can be broken down as follows:
1. Cash: The word "cash" originated from the Middle French word "caisse" or "casse" which means "money box" or "container". It can be traced back to the Latin word "capsa" meaning "box" or "case". Over time, "cash" has come to refer to physical currency or money in the form of coins or bills.
2. Grant: The word "grant" originated from the Old French word "graanter", meaning "to promise" or "to agree". It was derived from the Latin word "concedere", which means "to yield" or "to give as a gift". The term "grant" typically refers to giving or bestowing something, often in the form of funds or resources, to an individual, organization, or entity.
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