Usually means: Payment for services; tip, gratuity.
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We found 12 dictionaries that define the word grat:

General (6 matching dictionaries)
  1. grat: Merriam-Webster.com
  2. grat: Collins English Dictionary
  3. Grat, grat: Wordnik
  4. GRAT, grat: Wiktionary
  5. GRAT: Dictionary.com
  6. Grat: Rhymezone

Art (1 matching dictionary)
  1. grat-: A Cross Reference of Latin and Greek Elements

Business (1 matching dictionary)
  1. GRAT: Investopedia

Miscellaneous (1 matching dictionary)
  1. GRAT: Acronym Finder

Science (1 matching dictionary)
  1. Glossary of Roots of Botanical Names (No longer online)

Slang (2 matching dictionaries)
  1. grat: The Folk File
  2. Grat: Urban Dictionary

(Note: See greet as well.)

Definitions from Wiktionary (GRAT)

noun:  (slang) A gratuity or tip.
noun:  (US, finance) grantor-retained annuity trust

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