ELI5: Explain Like I'm 5

Permanent Grant

Okay, imagine you have a toy and you really love it. Your parents tell you that you can keep the toy forever and it will always be yours to play with, no one can take it away from you. This is kind of like a permanent grant!

A permanent grant is when someone gives you something and you get to keep it forever. It can be money or land or even a special job. It's like the person who gave it to you is saying, “This is now yours forever and no one can take it away from you.”

It's important to remember that a permanent grant is really special because it's permanent, which means it lasts forever. So, just like your favorite toy, you get to keep it and enjoy it for a long time.