grants payable

USAGE SUMMARY

"grants payable" is correct and usable in written English.
You can use it when referring to money that is paid or owed to someone in the form of a grant. For example, "The board of directors approved a grant of $500,000 in grants payable to the local homeless shelter."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

On the same day as the three-judge court dissolved itself, Judge Weinstein issued a preliminary injunction prohibiting respondents from reducing or discontinuing payments of 'regular recurring grants and special grants,' payable under the predecessor welfare law, 304 F.Supp.

Cornell University

Grants payable under Erasmus to university students are being increased to EUR 200 per month, since the former grant was scarcely enough to live on; we had originally proposed EUR 300, but that could have been sustained only by a drastic reduction in the number of participants, and so we had to abandon the idea.

EU Parlament

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

-ends- Notes to editors: *The winning project receives a £6000 grant payable as 3 x £2000 a year installment over three years from Ecover.

The Guardian

Welsh students will not be affected directly by the tuition increases as the government provides "fee grants," assuring that payable tuition stays at about £3,500, no matter what the universities end up charging.

The New York Times

The grant income is that proportion of the grant which is payable during the year in question.

Health Research Policy and Systems

The division's aid is in the form of grants and interest-free loans, payable over as much as 40 years, to more than 80 countries rated the poorest because their per capita income is below $1,050.

The New York Times

That program, known as the L.M.D.C. Residential Grant Program, makes available $281 million in federal funds -- payable in individual grants of up to $14,500 -- to retain and attract residents in Lower Manhattan.

The New York Times

The £12m-a-year Listed Places of Worship Scheme financed by the Treasury gives grants equivalent to the VAT payable on repairs.

BBC

It will also avoid the need to wait for probate to be granted and the death benefits are payable much sooner.

Independent

The fees payable in respect of the grant of various forms of letters patent are fixed by orders of the lord chancellor.

Britannica

Jaime qualified for money through four programs: $1,425 in a federal Pell Grant, $982 in a state Cal Grant, $775 in a federal Supplementary Educational Opportunity Grant and $450 in a federal National Direct Student Loan at 4% interest payable in 10 1/2 years.

Los Angeles Times

Expert writing Tips

Best practice

When discussing financial reports or legal agreements, use "grants payable" to clearly denote the grants that are due to be paid out, ensuring transparency and accuracy.

Common error

Avoid using "grants payable" when you mean "grants receivable". "Grants payable" refers to grants your organization owes to others, while "grants receivable" refers to grants owed to your organization.

Linguistic Context

The phrase "grants payable" functions as a noun phrase modified by an adjective, identifying a specific category of financial obligation. It refers to amounts owed or due to be paid out as grants. Ludwig AI confirms its grammatical correctness and usability.

Expression frequency: Common

Frequent in

News & Media

30%

Academia

35%

Science

35%

Less common in

Encyclopedias

0%

Formal & Business

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "grants payable" refers to financial obligations an organization has to disburse as grants. Ludwig AI confirms its grammatical correctness. It is commonly employed in financial reporting, academic discussions, and legal documents, indicating a formal register. While relatively common, it's important not to confuse this with similar terms such as "grants receivable", which refers to grants owed to the organization. Understanding its proper usage ensures clarity in financial communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

grant payments

Emphasizes the act of paying grants; a direct alternative.

grants due

A shorter and more direct way of saying grants are owed.

grant disbursements

Focuses on the action of paying out the grant money.

grant funds to be paid

Specifies the money that needs to be paid as grants.

grants awaiting payment

Indicates that the grants are waiting to be paid.

grants scheduled for payout

Emphasizes the timing aspect of when grants are going to be paid.

grant allocations

Highlights the amounts of money designated for grants.

outstanding grants

Refers to grants that have not yet been paid.

grants available for distribution

Highlights the grants that can be distributed.

grants to be awarded

Emphasizes the act of awarding grants, implying they will then be paid.

FAQs

How do I use "grants payable" in a sentence?

Use "grants payable" to refer to the amount of money your organization owes to others in the form of grants. For example, "The company's financial statements listed $50,000 in "grants payable" to local charities."

What's the difference between "grants payable" and accounts payable?

"Grants payable" specifically refers to grant money owed, while accounts payable is a broader term encompassing all short-term debts owed to suppliers and other creditors. Grants payable are a subset of accounts payable.

Are "grants payable" considered a liability?

Yes, "grants payable" are considered a current liability on a balance sheet because they represent an obligation to pay grant money to recipients within a specific timeframe, usually one year.

What are some phrases similar to "grants payable"?

Similar phrases include "grant disbursements", "grant payments", or "outstanding grants". The best choice depends on the specific nuance you want to convey.