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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.
grant. tr.v. grantÂ·ed, grantÂ·ing, grants. 1. To allow or consent to the fulfillment of (something requested): grant permission to speak frankly; grant a request. 2. a. To give or confer officially or formally: grant voting rights to citizens; grant diplomatic immunity. b. To transfer (property) by a deed.