Legal Question in Business Law in New York

Government Question

what is a government grant money and what is the ups and downs to it?


Asked on 11/01/07, 11:28 pm

1 Answer from Attorneys

Nancy Delain Delain Law Office, PLLC

Re: Government Question

A grant (not just a government grant) is basically a gift of money. It does not have to be repaid.

Often there are strings attached, such as (for example) the use to which you put the money, or the person to whom the money can go. The particular strings depend on the particular program granting the money.

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Answered on 11/02/07, 12:08 pm


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