Government grants on the entire are funds which are awarded by the government itself with no interests and do not even require pay backs. Essentially it is a pre-accredited contract the place your pricing structure, your legal enterprise entity and your services and products are all analyzed and ultimate costs negotiated until you and the government agree. The loss of value on the equities market meant loss of value of the collateral, which most banks held in lieu of the loans they’d superior.
The government of a country is the group of people responsible for ruling it. After government you should use both a singular or plural type of a verb...Read More