Last Modified: July 27, 2026

These Terms and Conditions (“Terms”) are a legally binding agreement between you and Grant’s Financial Publishing Inc. d/b/a Grant’s Interest Rate Observer (together with its affiliates, “Grant’s,” “we,” “us,” or “our”), governing your use of our website (https://grantspub.com/) (the “Website”), Grant’s Interest Rate Observer mobile application (“Grant’s App”), The Grant’s Store online ordering platform (https://grantspub.shop/), and your purchase of, subscription to, and/or access to the content and services available on any of the foregoing, including, without limitation, the Grant’s Interest Rate Observer publication (the “Publication”), Almost Daily email newsletter, podcasts, cartoons, Grant’s Annual Fall Conference (the “Annual Conference”), and the Jim & Evan Show (collectively, the “Services”).

Please read the Terms and our Privacy Policy (https://grantspub.com/info/privacy-policy.cfm) carefully before you start to use the Services. By accessing, subscribing to, using, or interacting with the Website or the Services, you represent and warrant that: (a) you are of the age of majority in your jurisdiction; (b) all information you provide is true, current, and complete; and (c) if you are using the Services on behalf of another person or entity, you are authorized to bind them to these Terms. If you do not agree to these Terms and our Privacy Policy, do not access or use the Services.

We may, from time to time, modify, amend, or supplement these Terms, and post the revised version of the Terms on this Website and update the Last Modified date above to reflect the date of the changes. Your continued use of the Website and/or the Services constitutes your agreement to be bound by the revised version of the Terms.

1. Additional Terms

Certain features or products may be subject to additional terms, conditions, guidelines, or policies. If these Terms conflict with additional terms for a specific feature or offering, these Terms will prevail, unless the additional terms expressly state that they control with respect to that feature or offering. If you have entered into a separate written agreement with Grant’s governing specific Services, unless expressly provided otherwise in such separate agreement, these Terms will control to the extent of any conflict between these Terms and that agreement with respect to those Services.

2. Account Registration and Policies

The Services may require or permit you to create an account. If you create an account, you agree to: (a) provide and maintain accurate, current, and complete information; (b) maintain the confidentiality of your username, password, and other credentials; (c) promptly notify us of any suspected unauthorized access to or use of your account; and (d) accept responsibility for all activity under your account. You may not share your account credentials, including your username and password, with any other person, including without limitation others in the same company or organization, or provide others with access to the Services using your account. We are not liable for loss or damage arising from your failure to protect your credentials or from unauthorized account use.

3. Subscriptions
   1. Description

We offer paid subscriptions to the Publication (the “Subscription”) through the Services, which may include digital access to, and physical copies of, the Publication through the Website, App, and via mail. A Subscription may be available on an annual, bi-annual or other basis, and may vary by products offered or any other terms. You may purchase a Subscription by placing an order and providing the sign-up details on https://grantspub.com/subscribe or on the App. Multiple-copy discounts, limited (one-time) reprint arrangements, and month-month “Flex” subscriptions may be available upon inquiry.

We will only accept your order when we have successfully verified your sign-up details, processed your payment details, and emailed you to confirm. Any discount or promotional offers are as stated at the time you subscribe and cannot be changed during the term of a Subscription. We may reject any Subscription order in our sole discretion. You confirm that your sign up and payment details are complete and accurate, and that you are entitled to purchase a Subscription using those sign up and payment details. Each Subscription is for a single user only.

2. Subscription Cancellation Rights

You have the right to cancel your Subscription for a pro-rata refund within the first thirty (30) days of purchase by contacting us at 212.809.7994 or subscriptions@grantspub.com. If you exercise your right to cancel within that period, we will initiate a refund to the payment method you provided at the time of purchase. Refund timing and additional charges may apply depending on applicable law and your payment processor or financial institution. After the thirty-day period passes, there will be no refunds. No refunds will be given for Flex subscriptions once credit cards have been charged. Requests to suspend and/or cancel a Flex subscription will be applied after the current billing cycle’s two issues have been served.

We may cancel, suspend, or terminate a Subscription for any lawful reason, including if you violate any provision of these Terms.

4. Other Products

The Services may allow you to place online orders for merchandise, books, cartoon prints, and other products, including at The Grant’s Store online ordering platform (https://grantspub.shop/). You may not purchase products through the Services for unauthorized resale, distribution, or commercial exploitation. We may accept, reject, limit, cancel, modify, or refuse any order, in whole or in part, including after submission or payment authorization, for any lawful reason. Delivery times are estimates only and are not guaranteed. Once an order has been prepared for delivery, it may not be cancelable or refundable except as required by law or expressly provided by us.

Delivery may be performed by third-party providers subject to their own terms, service areas, fees, and operational limitations. Title to and risk of loss for merchandise purchased through the Services pass to you upon our delivery to the carrier or, if fulfilled by a third party, upon that party’s delivery to the carrier, except as otherwise required by law.

5. Events

Grant’s may offer conferences, seminars, webinars, and other virtual or in-person events, including without limitation the Annual Conference and the Jim & Evan Show (collectively, the “Events”). The Services may allow you to register for or purchase access to the Events, including at https://grantspub.com/events/. By registering for or purchasing access to an Event, you agree to comply with these Terms and any Event-specific requirements communicated by us. Registration for an Event may be subject to availability, eligibility requirements, and any additional terms provided in connection with the Event. You confirm that your registration and payment details are complete and accurate, and that you are entitled to register using those registration and payment details. Discounted group rates may be available upon inquiry.

We reserve the right to modify an Event’s content, speakers, schedule, format, location, or other details at any time. We may cancel, postpone, or discontinue an Event for business, operational, safety, or any other reason. If an Event is cancelled after your purchase or registration, we may, at our discretion, offer you registration for or access to a future comparable Event at no additional cost, or a full refund at the payment method provided at registration.

Event attendees are expected to conduct themselves in a professional and respectful manner. We may refuse admission to, or remove from, an Event any person whose behavior we reasonably determine is disruptive, unsafe, unlawful, harassing, or otherwise inconsistent with the Event’s purpose or these Terms. Attendance and participation in Events are voluntary and at your own risk. To the maximum extent permitted by law, we are not responsible for personal injury, property loss, travel-related losses, interruptions, technical issues, or other damages arising from or relating to your participation in an Event.

Photography, video, or audio recording of any kind by attendees is strictly prohibited. By attending an Event, you agree not to record, digitize, or broadcast any portion of the Event. Unauthorized recordings may result in immediate removal from the premises or virtual platform, and forfeiture of Event access without a refund.

Grant’s may record, photograph, livestream, or otherwise capture Events. By attending an Event, you acknowledge that your name, image, voice, or likeness may be included in such recordings and used for lawful business, educational, promotional, or archival purposes. Any presentations, recordings, handouts, slides, or other Event materials are provided for informational purposes only and are protected by intellectual property laws. Unless expressly permitted in writing, you may not reproduce, distribute, modify, or create derivative works from such materials.

6. Payment; Fees; Errors

By providing payment details when placing an order for a Subscription, when registering or purchasing access to the Events, or when purchasing any other product through the Services, you agree to pay all fees at the rates displayed and authorize us to save your payment details and charge your payment method for all amounts due, including without limitation any taxes, and you represent that you are authorized to use that payment method.

If you elect to purchase a Subscription or other Services that renew automatically, you further agree to pay all fees at the prevailing rate and authorize us to charge your payment method at each applicable billing time. If any payment authorization is subsequently cancelled, we may immediately terminate or suspend a transaction.

We reserve the right to change prices at any time, and prices may vary from time to time and by country. We are not responsible for pricing, typographical, or other errors in any offer by us. If we notify you of a pricing error, you may cancel an order and we will refund you any money paid, or you may pay the correct price. If you do neither, we may cancel your order.

Except as required by law, expressly stated by us, or provided in a specific refund, return, or promotional policy, any refund is at our discretion. Refund timing and amount may depend on applicable law and your payment processor or financial institution.

7. Grant’s App

If you access the Services through Grant’s App, your wireless carrier’s rates and fees may apply. You are responsible for maintaining a compatible device, operating system, internet access, and updated Grant’s App version as may be required for proper functionality. We may deliver or require updates, patches, bug fixes, or new versions of Grant’s App at any time, and some features may not function properly unless you install updates. By using Grant’s App made available through a third-party mobile application store provider (“App Store”), you acknowledge that: (a) these Terms are between you and us, not with the App Store; (b) the App Store has no obligation to provide maintenance or support for Grant’s App except as required by law; (c) the App Store is not responsible for claims relating to Grant’s App or your possession or use of it, except as required under the applicable App Store terms; and (d) you will comply with any App Store and other applicable third-party terms when using Grant’s App.

8. Modification to the Services

Unless expressly agreed to in a separate written agreement governing specific Services, we may change, suspend, or discontinue any part of the Services at any time in our sole discretion, and terminate all permissions or licenses granted in these Terms.

9. Third Party Services

The Services may contain links to, integrations with, or functionality provided by third parties, including ecommerce providers, payment processors, mobile wallet providers, mobile application store providers, map and geolocation services, analytics providers, social media platforms, review sites, and delivery marketplaces. We do not control, are not responsible for, and make no representation, warranty, or guarantee regarding the content, policies, terms, availability, data practices, products, or services of any third-party. Your use of third-party services is at your own risk and subject to the terms and policies of those third parties. Links to third-party websites or applications do not imply endorsement, sponsorship, or affiliation unless expressly stated by us.

10. Intellectual Property

The Services, and all content included in or made available through them, including without limitation the Publication, Events, newsletters, podcasts, cartoons, text, graphics, logos, icons, images, videos, audio, software, data compilations, page layouts, design elements, menus, and product names (“Grant’s Content”), are the property of or are licensed to Grant’s, and are protected by applicable law, including without limitation trademark and copyright law. All trademarks, service marks, trade dress, any other materials, and all intellectual property rights in the Services and the Grant’s Content, whether registered or unregistered anywhere in the world, are owned by or licensed to us. Nothing in these Terms should be construed as granting any license or other rights to any copyright, trademark, patent, or any other right to use any Grant’s Content without our prior written consent specific for each such use, except as otherwise expressly stated in these Terms. All goodwill generated from the use of any Grant’s Content inures to Grant’s benefit.

To the fullest extent permitted by law, you are expressly prohibited from: (a) reproducing, modifying, distributing, displaying, performing, publishing, forwarding, transmitting, disseminating, selling, creating derivative works from, republishing, or commercially exploiting any Grant’s Content; (b) reverse engineering, decompiling, disassembling, scraping, framing, mirroring, or otherwise accessing any non-public part of the Services; (c) removing or altering any copyright, trademark, or other proprietary notice; or (d) using the Services or Grant’s Content for commercial benchmarking, competitive analysis, or data mining; or (e) using the Services or Grant’s Content in any manner that may damage any goodwill in the Services or Grant’s Content.

We respect the intellectual property rights of others and expressly prohibit users from submitting, uploading, posting, or otherwise transmitting infringing material through the Services. If you believe material available through the Services infringes intellectual property rights, please notify us via the contact information provided at the end of these Terms.

Limited License. Authorized subscribers of the Publication may print a single copy, not multiple copies, of each edition of the Publication solely for your personal, noncommercial use. Additionally, authorized subscribers occasionally may use the Website’s “Share an article” function to provide a Publication article to a non-subscriber who may find it of interest. Subscribers may not share articles on a regular basis that could provide the recipient the benefits of a Subscription. Using the “Share an article” function provides us with the recipient’s contact information and information on which articles subscribers believe to be of wider interest. Grant’s limits the number of archived issues of the Publication that can be downloaded, and Grant’s reserves the right to suspend or terminate your access to the archived issues for unusually high download activity.  NO OTHER COPYING, OF ANY KIND, OF GRANT’S CONTENT IS AUTHORIZED. THE SOFTWARE INSTALLED ON OUR WEBSITE ENABLES US TO MONITOR SUBSCRIBERS’ COMPLIANCE WITH THIS LIMITED LICENSE, AND YOU AGREE WE MAY DO SO. GRANT’S CONTENT IS PROTECTED BY FEDERAL COPYRIGHT LAW. THE COPYRIGHT ACT IMPOSES LIABILITY OF UP TO ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000) PER ISSUE FOR INFRINGEMENT. INFORMATION CONCERNING UNAUTHORIZED REPRODUCTION, DISTRIBUTION, DISPLAY OR OTHER INFRINGEMENT WILL BE GRATEFULLY RECEIVED.

11. Prohibited Uses of the Services

You agree not to use the Services in any manner that: (a) violates any applicable law or third-party rights; (b) is fraudulent, deceptive, misleading, abusive, harassing, defamatory, obscene, or otherwise objectionable; (c) interferes with, disrupts, damages, or compromises the Services or related systems; (d) circumvents or attempts to circumvent any security feature, access control, paywall, or usage limitation; (e) uses any robot, spider, scraper, bot, crawler, script, automation, or similar means to access, copy, scrape, or collect data from, or interact with, the Services without our prior written consent; (f) introduces malware, viruses, malicious code, or harmful material; (g) attempts to gain unauthorized access to any account, network, server, or data; (h) uses the Services for resale, commercial exploitation, or unauthorized promotional activities; (i) submits false or misleading information, including false payment information, false location information, or fraudulent refund claims; (j) impersonates any person or entity or misrepresents affiliation; or (k) otherwise uses the Services in a manner inconsistent with their intended purpose.

Without limiting the foregoing, you may not, without our prior written consent, directly or indirectly, (x) harvest, ingest, use or incorporate any of the Publication, Grant’s Content or any of the Services for any purpose related to data mining or the training, development, testing, fine-tuning, improvement, grounding (including without limitation through retrieval-augmented generation) or development or operation of a machine learning or artificial intelligence (AI) system, including any architectures, models, or weights contained therein, to the extent that it incorporates a large language model, foundation model, deep machine learning, generative AI, or otherwise; or (y) use AI tools or models for the purposes of generating text, images or any other material, output or derivative works based on or using the Publication, Grant’s Content or any of the Services, whether or not in the same or similar style as the Publication, Grant’s Content or any of the Services.

12. User Content

If you submit or post comments, suggestions, ideas, ratings, testimonials, photos, messages, feedback, survey responses, or other content to us or through the Services (“User Content”), you grant us a non-exclusive, worldwide, perpetual, royalty-free, fully transferable and sublicensable license to use, reproduce, modify, adapt, publish, translate, distribute, display, create derivative works of, and otherwise exploit that User Content in any media and for any lawful purpose. You represent and warrant that you own or control all rights in your User Content and that your User Content does not violate these Terms, any law, or any third-party right. We reserve the right to monitor, review, edit, or remove User Content in our sole discretion.

13. Disclaimer of Warranties

TO THE FULLEST EXTENT PERMITTED BY LAW, THE SERVICES, GRANT’S CONTENT, MATERIALS OR FUNCTIONALITY MADE AVAILABLE THROUGH THE SERVICES ARE PROVIDED ON AN “AS IS,” “AS AVAILABLE,” AND “WITH ALL FAULTS” BASIS, AT YOUR SOLE RISK, AND ALL CONDITIONS, REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, AND ANY WARRANTIES THAT THE SERVICES, GRANT’S CONTENT, MATERIALS OR FUNCTIONALITY ARE CURRENT OR UP TO DATE ARE HEREBY DISCLAIMED TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW BY GRANT’S. WE DO NOT WARRANT THAT THE SERVICES OR ANY PORTION THEREOF ARE ERROR-FREE AND WE ARE NOT LIABLE FOR ANY DAMAGES RESULTING FROM ANY ERRORS, OMISSIONS, INACCURACIES, OR INCOMPLETE OR OUT OF DATE INFORMATION IN THE SERVICES.

TO THE EXTENT ANY DISCLAIMERS ARE PROHIBITED BY LAW IN CERTAIN JURISDICTIONS, SOME OR ALL OF THE DISCLAIMERS IN THIS SECTION MAY NOT APPLY TO YOU. NO ADVICE, INFORMATION, OR STATEMENT, WHETHER ORAL OR WRITTEN, OBTAINED FROM US OR THROUGH THE SERVICES CREATES ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS.

14. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, GRANT’S AND ITS OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, AND REPRESENTATIVES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, PUNITIVE, OR ENHANCED DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, BUSINESS, USE, DATA, GOODWILL, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO THE SERVICES OR THESE TERMS, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, STATUTE, OR ANY OTHER LEGAL THEORY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN THE EVENT OF PROBLEMS WITH THE SERVICES OR PRODUCTS PURCHASED THROUGH THE SERVICES, YOUR SOLE REMEDY IS TO STOP USING THEM AND, WHERE APPLICABLE, SEEK ANY REFUND OR OTHER RELIEF EXPRESSLY MADE AVAILABLE UNDER THESE TERMS OR REQUIRED BY LAW. WITHOUT LIMITING THE FOREGOING, AND TO THE FULLEST EXTENT PERMITTED BY LAW, THE TOTAL AGGREGATE LIABILITY OF GRANT’S FOR ANY AND ALL CLAIMS SHALL NOT EXCEED THE TOTAL SUMS PAID BY YOU FOR THE SERVICES DURING THE ONE (1) YEAR PERIOD PRIOR TO THE DATE YOUR CLAIM PURPORTEDLY AROSE.

15. Professional Advice

NONE OF THE SERVICES NOR ANY PORTION THEREOF CONSTITUTE ACTUAL, INDIVIDUALIZED, OR SPECIFIC FINANCIAL, INVESTMENT, OR OTHER PROFESSIONAL ADVICE, OPINION, OR RECOMMENDATION BY GRANT’S AND ITS OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, AND REPRESENTATIVES, OR ANY CONTENT PROVIDER. IF PROFESSIONAL ASSISTANCE IS REQUIRED, THE SERVICES OF A COMPETENT PROFESSIONAL SHOULD BE SOUGHT. YOU ASSUME ALL RESPONSIBILITIES AND OBLIGATIONS WITH RESPECT TO ANY DECISIONS, ADVICE, CONCLUSIONS, OPINIONS, RECOMMENDATIONS MADE OR GIVEN AS A RESULT OF YOUR USE OF THE SERVICES, INCLUDING WITHOUT LIMITATION ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON THE SERVICES, OR INCORPORATING OR REFERENCING THE SERVICES. NO FIDUCIARY RELATIONSHIP IS FORMED WITH GRANT’S, ITS OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, AND REPRESENTATIVES, OR ANY SUPPLIER OF CONTENT THROUGH USE OF THE SERVICES. NONE OF THE SERVICES SHALL CONSTITUTE OR BE CONSTRUED AS A RECOMMENDATION, SOLICITATION, OFFER, OPINION, BY GRANT’S, ITS OFFICERS, DIRECTORS, MEMBERS, MANAGERS, EMPLOYEES, AGENTS, AND REPRESENTATIVES, ANY CONTENT PROVIDER FOR ANY FINANCIAL TRANSACTION, THE PURCHASE OF ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO SECURITIES, OR ANY KIND OF INVESTMENT.

16. Indemnification

You agree to defend, indemnify, and hold harmless Grant’s and its officers, directors, members, managers, employees, agents, and representatives from and against any and all third-party claims, liabilities, damages, losses, costs, and expenses, including reasonable attorneys’ fees, arising out of or relating to (a) your violation of these Terms; (b) your misuse of the Services; (c) your fraud, negligence, willful misconduct, or unauthorized, deceptive, or unlawful activity; (d) User Content; or (e) any dispute with a third-party to the extent caused by your acts or omissions.

Grant’s may, at its option, assume the defense and control of any matter subject to indemnification, in which case you agree to cooperate as reasonably requested. You may not settle any matter subject to indemnification without our prior written consent.

17. Termination

We may, at any time and without prior notice, suspend, investigate, or terminate your access to all or any part of the Services for any lawful reason, including if we believe you have violated these Terms, engaged in fraud or abuse, created risk or legal exposure, or interfered with the proper operation of the Services. You may stop using the Services at any time, subject to record-retention obligations and applicable law.

Upon termination, all rights granted to you under these Terms immediately cease. Sections that by their nature should survive termination will survive, including those regarding intellectual property, disclaimers, limitation of liability, indemnification, and disputes.

18. Disputes

These Terms and any dispute, claim, or controversy arising out of or relating to these Terms or the Services will be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of laws principles. By accessing the Services and agreeing to these Terms, you agree that the state and federal courts located in the state of New York have exclusive jurisdiction, and you and we each irrevocably consent to the personal jurisdiction and venue of those courts.

19. Miscellaneous

Entire Agreement. These Terms, together with our Privacy Policy and any additional terms applicable to specific Services, constitute the entire agreement between you and us regarding the Services and supersede all prior or contemporaneous understandings regarding their subject matter.

Waivers. Our failure to enforce any provision of these Terms does not waive that provision or any other provision. No waiver of any provision of these Terms will be effective unless in writing and signed by an authorized representative of Grant’s.

Severability. If any provision of these Terms is held unlawful, void, or unenforceable by a court of competent jurisdiction, such provision will be enforced to the maximum extent permissible as to give the intended effect thereof, and the remaining provisions will remain in full force and effect.

Assignment. You may not assign or transfer these Terms or any rights or obligations under them. We may assign these Terms, in whole or in part, at any time without notice to you. Any assignment in violation of the foregoing is void.

No Third-Party Beneficiaries. Except as expressly provided in these Terms, these Terms do not confer rights, benefits, or remedies on any third-party.

Force Majeure. We are not liable for any delay or failure in performance resulting from causes beyond our reasonable control, including acts of God, weather events, natural disasters, labor disputes, utility outages, telecommunications failures, cyber incidents, epidemics or pandemics, governmental actions, civil unrest, or transportation disruptions.

20. Contacting Us

If you have any questions, concerns, or comments about these Terms, or if you would like to exercise any of your rights as provided herein, please email subscriptions@grantspub.com or contact us directly at:

Grant’s Financial Publishing, Inc.
233 Broadway, Ste 2420
New York, NY 10279
Phone: 212-809-7994
Email: subscriptions@grantspub.com