Grant

Convey
In real property law, 'convey' refers to the transfer of property from one party to another through a written instrument and other necessary formalities.
Dedication of Land (Conveyance)
Dedication of land, also known as conveyance, is the practice of a private landowner granting a piece of land to the public, typically represented by a governmental entity, which accepts ownership. This is often done to promote goodwill or fulfill legal requirements.
Grant
A grant can serve as both a term used in property conveyances or as financial assistance provided by government bodies or private foundations to fund projects deemed in the public interest.
Scholarship
A scholarship is a form of financial aid that is awarded to students to support their education. Scholarships are typically based on academic or extracurricular achievements and do not need to be repaid.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.