date of grant

USAGE SUMMARY

The phrase "date of grant" is correct and usable in written English.
It is typically used in legal, financial, or administrative contexts to refer to the specific date on which a grant or award is officially given. Example: "The date of grant for the scholarship was set for June 1, 2023."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

In Bailey's case, his exceptional handouts merely required him to stay at Burberry "over three, four and five years from the date of grant".

The Guardian - Business

No performance conditions are attached to the £20m freebie shares – Bailey is just required to stay "over three, four and five years from the date of grant" – and retention bungs always go down badly.

The Guardian - Business

Yet Galli's extraordinary package of 3.9 million options exercisable over 20 years, and worth $1.3 billion at the date of grant, still had payoff potential.

Forbes

Most options were plain vanilla, with an exercise price equal to fair market value on the date of grant, ten-year terms and a three- to four-year vesting period.

Forbes

Kordestani, Twitter says, "will receive a one-time grant of options to purchase 800,000 shares of the Company's common stock at an exercise price equal to the closing price of the Company's common stock on the date of grant and vesting over four years as described in the Offer Letter and subject to the terms of the Company's 2013 Equity Incentive Plan".

TechCrunch

Indexed options work similarly to traditional stock options, with one exception: Rather than having the exercise price fixed at the market price on the date of grant, the exercise price varies based on the change in an appropriate stock market index, e.g., the S&P 500 or a narrower industry index.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

We used the date of granting the prescription as a proxy for the first date of treatment.

British Medical Journal

Individuals were followed from 01.01.2006 to the date of granted disability pension, death, emigration, 65 years of age or December 31st 2010, whichever came first.

BMC Public Health

The endpoint was the date of granting a DP, obtained from the DP register, which is complete since this is the basis for payment of pensions.

BMC Musculoskeletal Disorders

Regarding disability pension, the observation time was calculated as the difference between the date of payment of the critical illness insurance and the date of granting of disability pension.

BMJ Open

We considered patients to be exposed from the date of granting of the prescription and for the number of days for which the prescribed quantity at the prescribed dosage would suffice.

British Medical Journal

Expert writing Tips

Best practice

When writing about financial agreements or stock options, clearly state the "date of grant" to avoid any ambiguity regarding vesting schedules or performance requirements.

Common error

Avoid confusing the "date of grant" with the application date or the date of actual payment. The "date of grant" specifically refers to when the grant was officially awarded.

Linguistic Context

The phrase "date of grant" functions primarily as a noun phrase that identifies a specific point in time when a grant is officially awarded. Ludwig AI confirms its correct usage in various contexts, from financial agreements to legal documents.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Science

30%

Formal & Business

15%

Less common in

Wiki

10%

Reference

3%

Encyclopedias

2%

Ludwig's WRAP-UP

In summary, the phrase "date of grant" is a grammatically correct and usable English phrase, as validated by Ludwig AI. While not exceedingly common, it finds frequent use in News & Media and Science. It specifies the exact date when a grant is awarded, critical for legal, financial, and administrative purposes. Consider using related terms such as "grant date", but ensure clear context to avoid confusion with related dates. When writing, ensure the "date of grant" is clearly distinguished from the application or payment dates. This ensures clarity in documenting financial agreements, stock options, and other formal awards.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

grant date

Reverses the order of the words for a slightly different emphasis but retains the original meaning.

issuance date of the grant

Specifies 'issuance' to clarify the action of granting, adding a layer of formality.

effective date of the grant

Emphasizes when the grant becomes active or valid, focusing on its operational start.

start date of the grant

Highlights the commencement of the grant's period of effect.

grant commencement date

Similar to 'start date', this term is more formal and emphasizes the beginning of the grant.

date the grant was awarded

Specifies the act of awarding to give a clearer sense of who conferred the grant.

grant approval date

Focuses on the date when the grant received official sanction.

date of the grant's effectuation

Uses a more formal and legalistic term to denote the date when the grant becomes legally binding.

date of bestowal of the grant

Employs 'bestowal' to add a sense of formality and conferral, implying a ceremonial aspect.

allocation date

Highlights the date resources were specifically assigned or set aside, altering the original scope.

FAQs

What does "date of grant" mean in the context of stock options?

In the context of stock options, the "date of grant" refers to the specific date when an employee is given the option to purchase company shares at a predetermined price. This date is crucial for calculating vesting periods and potential tax implications.

How is the "date of grant" used in financial reporting?

The "date of grant" is used in financial reporting to determine the fair value of stock options or other equity-based compensation. This value is then expensed over the vesting period, impacting the company's income statement.

What information is needed when documenting the "date of grant"?

When documenting the "date of grant", it's important to include the names of the parties involved, a precise timestamp of the grant, details about the granted asset (e.g., stock options, restricted stock units), and any associated terms or conditions.

What are some alternative ways to say "date of grant"?

You can use alternatives such as "grant date", "issuance date of the grant", or "effective date of the grant" depending on the context. All of these refer to the point when the grant is officially conferred.