an unrestricted federal grant

Sometimes called the Assigned Budget or Scottish Block. Strictly that part of the grant paid to the devolved administration that is covered by the Barnett formula – in Scotland’s case at present, all spending within the Departmental Expenditure Limit. Often used to refer either to all funding received from Westminster, or to refer to the entire Sco [..]

A block grant is an intergovernmental fiscal transfer that is non-matching in nature. Block grants may be unconditional, sectoral, or earmarked grants. Contrast to matching grant.

Block Grant is referred to grant of large sum of federal money by Congress to a state or local government to fund a general block of programs. States have freedom to decide the specific issues on whic [..]

The total amount of funding provided by the Council to an institution for teaching and research.

A federal grant that consolidates, for a broad purpose, funding previously awarded for a wide range of activities.