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Basic definition of EC grants and procurement contracts. - or the functioning of a body which pursues an aim of general European interest or has an objective forming part of a European Union policy.
DEFINITION of 'Grantor'. 1. A seller of either call or put options who profits from the premium for which the options are sold. Synonymous with option writer.2. The creator of a trust, meaning the individual whose assets are put into the trust.EFINITION of 'Grantor'. 1. A seller of either call or put options who profits from the premium for which the options are sold. Synonymous with option writer. 2.