Definition, Meaning & Synonyms

grant-allocation

noun

ɡrænt əˌlɔːˈkeɪʃən

Definition

The process of distributing funds or resources based on specific criteria or applications.

Examples

The grant-allocation policy needs to be reviewed to ensure fairness in funding.
After the grant-allocation meeting, organizations can start their projects with the received funds.
Effective grant-allocation strategies can lead to better outcomes for community projects.

Meaning

Grant allocation refers to how financial resources are assigned to projects or organizations, usually based on an application process and specific guidelines.