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Transfers

5 bytes added, 06:14, 23 June 2015
Fixing link
'''Transfers can be made in the form of a:'''
* [httphttps://en.wikipedia.org/wiki/Grant_(money) %28money%29 Grant], non-repayable funds disbursed by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal or an application is usually required. Most grants are made to fund a specific project and require some level of compliance and reporting.
* [http://en.wikipedia.org/wiki/Loan Loan], the borrower initially receives or borrows an amount of money from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Some sources do not include loans as part of transfers as the borrower is obligated to pay back or repay an amount of money to the lender at a later time (EUREAU, 2012).
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