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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.
1 Grant-Transfer of title from the government to the first titleholder of a piece of property. 2  This term is generally used by states and the federal government. 3  See also patent. 4  Grantee-The person receiving a grant, or buying property. 5  Grantor-The person issuing the grant, or selling property.