GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:57 Nov 29, 2020 |
Persian (Farsi) to English translations [PRO] Other | |||||||
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| Selected response from: Ehsan Alipour Local time: 18:50 | ||||||
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Summary of answers provided | ||||
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5 +2 | Grant |
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Grant Explanation: https://fa.wikipedia.org/wiki/گرنت -------------------------------------------------- Note added at 4 mins (2020-11-29 22:01:18 GMT) -------------------------------------------------- A loan requires you to repay the money you borrow, whereas a grant does not. Grants are, essentially, a gift. In other words, they're non-repayable. Grants may be awarded by government departments, trusts, or corporations and given to individuals, businesses, educational institutions, or non-profits. https://www.rocketlawyer.com/article/grants-vs-loans-whats-t... -------------------------------------------------- Note added at 4 mins (2020-11-29 22:02:14 GMT) -------------------------------------------------- It can also be translated as non-repayable loan. |
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