grant

verb

• 1agree to give or allow (something requested) to:they were granted a meeting her request was granted
• give (a right, power, property, etc.) formally or legally to:they will grant you asylum

• 2agree or admit to (someone) that (something) is true:he hasn’t made much progress, I’ll grant you that

noun

• a sum of money given by a government or other organization for a particular purpose:a research grant
• [mass noun] formal the action of granting something:we had to recommend the grant or refusal of broadcasting licences
• Law a legal conveyance or formal conferment:a grant of probate