grant
🇺🇸
/ɡrænt/
🇬🇧
/ɡrɑːnt/
to give someone what they ask for, especially official permission
The school will grant permission for the field trip if parents agree.
to admit that something is true, even if you don't like it
I grant that the plan has some good points, but it's too expensive.
money given by the government or an organization for a specific purpose
The university received a large grant to study climate change.