UNRESTRICTED GRANT Definition

Bookmark and Share

UNRESTRICTED GRANT is a grant made to further the general purpose or work of an organization, rather than for a specific purpose or project.

Learn new Accounting Terms

INTERNAL CONTROL SYSTEM is a formalized system intended to provide reasonable assurance that the objectives of a program as a whole are met, e.g. financial control, quality control or process control.

UNSECURED is obligation backed not by collateral but only by the integrity of the borrower. Opposite of secured.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.