grant
US /ɡrænt/
UK /ɡrænt/

1.
2.
agree or admit (something requested) to
:
•
I grant that it's a difficult problem, but we have to try.
•
He was unwilling to grant their request for an extension.
1.
a sum of money given by an organization, especially a government, for a particular purpose
:
•
The university received a large grant for research.
•
They applied for a government grant to start their business.