What is meant by the term grant And grants are usually from

What is meant by the term \"grant\"? And grants are usually from what level of a government? Who can apply for a grant?

Please be specific.

Solution

Grant is a non-payable amount of money that the government gives to a party to carry out a public purpose of support.

Grants can be from central , state or local government.

Grants can generally be applied by a non profit entity, educational institution or an individual.