block grant

block grant
A grant made to an organization in the public sector, in which the organization is allowed to decide by its own procedures how to spend the grant.

Accounting dictionary. 2014.

Look at other dictionaries:

  • block grant — ➔ grant1 * * * block grant UK US noun [C] ECONOMICS, FINANCE ► an amount of money given by a government to particular areas of a country to spend on public services such as houses, roads, etc.: »Cuts in federal block grant funding have made it… …   Financial and business terms

  • block grant — n: an unrestricted federal grant Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • block grant — n. a grant of federal funds to a state or local government for discretionary use in funding a block of programs, with or without guidelines …   English World dictionary

  • block grant — block′ grant n. gov an unrestricted federal grant • Etymology: 1895–1900 …   From formal English to slang

  • block grant — noun count money that a national government gives to local governments to pay for services such as education and health …   Usage of the words and phrases in modern English

  • block grant — noun a grant of federal money to state and local governments to support social welfare programs block grants reduce federal responsibility for social welfare • Hypernyms: ↑grant, ↑subsidization, ↑subsidisation * * * I. noun : a fixed grant of… …   Useful english dictionary

  • Block grant — In a federal system of government, a block grant is a large sum of money granted by the national government to a regional government with only general provisions as to the way it is to be spent. This can be contrasted with a categorical grant… …   Wikipedia

  • block grant — UK / US noun [countable] Word forms block grant : singular block grant plural block grants money that a national government gives to local governments to pay for services such as education and health …   English dictionary

  • block grant — subsidijų programa statusas Aprobuotas sritis Europos Sąjungos finansų politika apibrėžtis Negrąžintinos paramos programa, skirta pareiškėjų parengtiems paprojekčiams remti ir šios programos administravimo išlaidoms padengti. atitikmenys: angl.… …   Lithuanian dictionary (lietuvių žodynas)

  • block grant — noun Date: 1900 an unrestricted federal grant …   New Collegiate Dictionary

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