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Basic definition of EC grants and procurement contracts. - or the functioning of a body which pursues an aim of general European interest or has an objective forming part of a European Union policy.
grantÂ·ed, grantÂ·ing, grants. 1  To allow or consent to the fulfillment of (something requested): grant permission to speak frankly; grant a request. 2  a. 3  To concede; acknowledge: I grant that your plan is ingenious, but you still will not find many backers.