Granter

A granter is an individual, entity, or institution that bestows a grant, privilege, right, or property to another party. This action typically involves transferring something of value, often with specific terms and conditions. The granter's role signifies a position of authority or ownership, and the decision to grant often depends on the granter's assessment of the recipient's qualifications, needs, or proposals. The act of granting can take various forms, including financial aid, legal rights, land, or licenses. The granter’s responsibilities usually involve not only the initial transfer but also potential monitoring of the grantee’s adherence to the agreed-upon terms.

Granter meaning with examples

• The university, acting as a granter, awarded a substantial research grant to Dr. Ramirez, stipulating that the funds be used exclusively for climate change studies, with quarterly progress reports and acknowledgment of the grant's origin in all publications. The grant enabled Dr. Ramirez to procure advanced equipment and recruit several research assistants.
• As the granter of the land, the government conveyed ownership of the designated plot to the conservation organization, outlining in detail the restrictions prohibiting any development or commercial activity, aiming to safeguard the unique ecosystem found in the region and its biodiversity.
• The city council, the granter of the building permit, granted the construction company permission to erect a new residential complex, specifying adherence to environmental regulations and noise control measures. The grant also necessitated frequent inspections during the construction phase.
• Upon approval by the judge as the granter of the power of attorney, Mrs. Davis was granted the authority to manage her elderly father's financial affairs, which contained the specifications necessary for the terms of the agreement to be met, giving her access to his funds and assets.