private grant

A grant of real property made to an individual for his or her private use, including the right to sell it.

• Private grants made by a government are often found in the chains of title for land outside the original 13 states, esp. in former Spanish and Mexican possessions. Cf. community grant.

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词条贡献者

译者张文，国际知名商学院金融专业，擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。