Law Dictionary Definitions

grantor-retained income trust.See TRUST. [Blacks Law 8th]

grantor-retained annuity trust.See TRUST. [Blacks Law 8th]

grantor–grantee index.See INDEX(1). [Blacks Law 8th]

grantor. 1. One who conveys property to another. [Cases: Deeds 10, 30. C.J.S. Deeds §§ 23, 44.] 2.SETTLOR(1). [Blacks Law 8th]

grant of rights.Copyright. A copyright owner’s prepublication assignment to the publisher of all rights in exchange for an advance on royalties or other payment. [Blacks Law 8th]

granting clause.The words that transfer an interest in a deed or other instrument, esp. an oil-and-gas lease. • In an oil-and-gas lease, the granting clause typically specifies the rights transferred, the uses permitted, and the sub-stances covered by the lease. [Cases: Deeds 28–37; Mines and Minerals 73, 73.1. C.J.S. Deeds §§ 19, 34–38, 40–42, 44–53;…

grant-in-aid. 1. A sum of money given by a governmental agency to a person or institution for a specific purpose; esp., federal funding for a state public program. [Cases: United States 82(2).] 2.Hist. AID(1). [Blacks Law 8th]

grantee–grantor index.See INDEX(1). [Blacks Law 8th]

grantee. One to whom property is conveyed. [Blacks Law 8th]

grant deed.See DEED. [Blacks Law 8th]