Funds provided by a philanthropist to fulfill a role similar to equity. A recoverable grant may include an agreement to treat the investment as a grant if the enterprise is not successful, but to repay the investor if the enterprise meets with success.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Recoverable Grants. Retrieved October 2, 2026, from http://smartdefine.org/recoverable_grants/definitions/1161953 |
| Chicago | Barry Goldsmith. 2010. "Recoverable Grants" http://smartdefine.org/recoverable_grants/definitions/1161953 (accessed October 2, 2026). |
| Harvard | Barry Goldsmith 2010, Recoverable Grants, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/recoverable_grants/definitions/1161953>. |
| MLA | Barry Goldsmith. "Recoverable Grants" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/recoverable_grants/definitions/1161953> |