regrant
verb
                                                                                                                            
                                                            re·grant
                    
                                                                                                              
                                                                                                                                  (ˌ)rē-ˈgrant 
                                                      
                                                          
            
            
              regranted; regranting            
        
    
                                
              
          
                                                      : to grant (something) back or again : to give (something) again legally or formally                                      
              
                             
Its method of operation would be to raise money from donations and regrant the funds or use them to finance its own philanthropic programs …—
Peter Schweizer
                                       When a tenant in chief died his estates reverted to the king, who regranted them, usually to his heir.—
John Miller
                                       … your organization may wish to consider using a similar concept when it is time to reappoint physicians to the medical staff or regrant their privileges.—
Mark A. Smith and Sally Pelletier
                         
                
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  Merriam-Webster unabridged




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