Betekenis van:
block grant

block grant
Zelfstandig naamwoord
    • a grant of federal money to state and local governments to support social welfare programs
    "block grants reduce federal responsibility for social welfare"

    Hyperoniemen


    Voorbeeldzinnen

    1. The SME block-exemption Regulation, applicable at the time of notification, exempts investment aid to be given to SMEs at an intensity of 7,5 % net grant equivalent (NGE) for medium-sized companies and 15 % NGE for small companies anywhere within the EU.