• (v. t.) To grant back; to grant again or anew. • (n.) A renewed of a grant; as, the regrant of a monopoly. • (n.) The act of granting back to a former proprietor. Found on http://thinkexist.com/dictionary/meaning/regrant/
Re·grant' noun 1. The act of granting back to a former proprietor. 2. A renewed of a grant; as, the regrant of a monopoly. Found on http://www.encyclo.co.uk/webster/R/40