Grantor Trust Rules

• Grantor trust rules are sections of the Internal Revenue Code (IRC 671–679 and related guidance) that treat the trust’s creator (the grantor) as…

Grantor

Other references: National Council on Aging (Living Trust vs. Will), U.S. Securities and Exchange Commission (Investor Bulletin: An Introduction to Options), Cornell Law School…

Grantee

• A grantee is the recipient of something granted — for example, property, a scholarship, a grant, or stock options. The person or entity…

Small Business Grant

A small‑business grant is a financial award—usually from a government agency, corporation, foundation, or nonprofit—given to a business to support a specific activity or…

Federal Grants In Aid

Federal grants‑in‑aid are funds the U.S. government awards to support specific projects, programs, or services carried out by state and local governments, tribal governments,…

Grant Deed

A grant deed (sometimes called a special or limited warranty deed) is a written legal instrument used to transfer ownership of real property from…

Grandfather Clause

• A grandfather clause (also called a legacy clause) is an exemption that lets existing people, businesses, or facilities continue operating under rules that…

Graham Number

The Graham number (or Benjamin Graham’s number) is a simple valuation rule-of-thumb that estimates the maximum price a defensive value investor should pay for…

Graduated Payment Mortgage Gpm

A graduated payment mortgage (GPM) is a fixed‑rate home loan whose required monthly payments start low and then increase on a preset schedule (usually…

Graduated Lease

A graduated lease (also called a graded lease) is a lease agreement in which the tenant’s periodic payments are preset to change over time…