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What is a Grant from the Government? A grant is one of the ways the government funds ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA). Learn more about grants and types of grants.
DEFINITION of 'Controlled Foreign Corporation-CFC'. A corporate entity that is registered and conducts business in a different jurisdiction or country than the residency of the controlling owners.Control of the foreign company is defined, in the U.S., according to the percentage of shares owned by U.S. citizens. corporate entity that is registered and conducts business in a different jurisdiction or country than the residency of the controlling owners. Control of the foreign company is defined, in the U.S., according to the percentage of shares owned by U.S. citizens.