An award of financial assistance in the form of money or property, made under an award by a recipient to an eligible subrecipient or by a subrecipient to a lower-tier subrecipient. The term includes financial assistance which is provided by any legal agreement, even if the agreement is called a contract, but it does not include the procurement of goods and services nor does it include any form of assistance which is excluded from the definition of an "award."

is an award of financial assistance in the form of money to an eligible subrecipient or a procurement contract made under an award by a recipient.

An award of financial assistance made under a grant by a grantee to an eligible subgrantee.  The term includes financial assistance when provided by contractual legal agreement, but does not include procurement purchases, nor does it include any form of assistance which is excluded from the definition of “grant” in this part.