Government grants

Government grants

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical assistance which provides services instead of money or other assistance in the form of revenue sharing, loans, loan guarantees, interest subsidies, insurance, or direct appropriations.

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Part of Speech: noun
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Blossary:
Industry/Domain: Financial services
Category: Accountancy; Finance; General Finance
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government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

government grants

Financial services; Accountancy

Assistance by government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of ...

IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

Accounting; General accounting

Accounting for Government Grants and Disclosure of Government Assistance outlines how to account for government grants and other assistance. Government grants are recognised in ...

account for

Financial services; Accountancy

To give a record of how the money in your care has been spent.

aggregate

Financial services; Accountancy

Something formed by adding together several amounts or things.

allowance

Financial services; Accountancy

Money that you are given regularly, especially to pay for a particular thing.

accrued interest

Financial services; Accountancy

The interest due on a bond since the last interest payment was made. The buyer of the bond pays the market price plus accrued interest.

accounting equation

Accounting; Accountancy

the accounting equation states that the sum of the assets and expenses must be equal to the sum of the liabilities, equity and revenue of the business. This is the equation that ...

return on investment

Accounting; Accountancy

in finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (whether realized or ...

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