Search Dictionary

Definition of 'Grantee'

A grantee is a person or organization that receives a grant from a grantor. Grants are typically given to support a specific project or activity, and the grantee is responsible for using the funds in accordance with the terms of the grant agreement.

There are a few key things to keep in mind when working with a grantee. First, it is important to understand the grantee's mission and goals. This will help you to ensure that the grant funds are used in a way that is consistent with the grantee's overall objectives. Second, it is important to establish clear expectations and timelines for the grantee. This will help to ensure that the grant funds are used effectively and efficiently. Finally, it is important to maintain regular communication with the grantee throughout the life of the grant. This will help to ensure that any issues or concerns are addressed promptly.

Working with a grantee can be a rewarding experience. It is an opportunity to support a worthwhile cause and make a real difference in the world. However, it is important to remember that grants are a complex financial instrument, and it is important to take the necessary steps to ensure that they are used effectively.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.