An intergovernmental transfer of funds or other assets, subject to conditions, is known as

Question

Quizplus · Accepted Answer

A grant-in-aid is a type of transfer of funds or assets from one level of government to another, subject to specific conditions or requirements. This is different from general revenue sharing, which is an unconditional transfer of funds, and federal mandates, which impose requirements but may not involve a transfer of funds. Set-asides refer to funds specifically earmarked for a particular purpose within a larger budget, but may not involve a transfer between levels of government.

An Intergovernmental Transfer of Funds or Other Assets, Subject to Conditions