- Funds or property that are donated with either a temporary or permanent restriction as to the use of principal. American Banker Glossary————Gift of money or property to a specified institution for a specified purpose. Bloomberg Financial Dictionary
* * *endow en‧dow [ɪnˈdaʊ] verb [transitive]to give a sum of money to a college, hospital etc in order to give it an income:
• He planned the museum and helped raise the $55 million to build and endow it.— endowment noun [countable, uncountable] :
• King's School received generous new endowments.
* * *endowment UK US /ɪnˈdaʊmənt/ noun► [C or U] SOCIAL RESPONSIBILITY money that is given to a college, hospital, etc. in order to provide it with an income, or the giving of this money: an endowment for sth »
The Las Vegas millionaire pledged $10 million for the project and an endowment for the school.»
An endowment of $11.3 billion.► [C] (also endowment assurance, endowment policy) INSURANCE a type of insurance in which you pay a regular amount of money over a particular period of time, or until you die, after which the insurance company pays an amount of money: »
We always aimed to ensure that customers understood that the eventual value of an endowment was not guaranteed.»
I was advised to take out an endowment.
Financial and business terms. 2012.
Look at other dictionaries:
endowment — en·dow·ment n 1: the act or process of endowing 2: a result or product of endowing: as a: the income of an institution derived from donations the university s ability to attract endowment b: the property (as a fund) donated to an institution or… … Law dictionary
Endowment — • A property, fund, or revenue permanently appropriated for the support of any person, institution, or object, as a student, professorship, school, hospital Catholic Encyclopedia. Kevin Knight. 2006. Endowment Endowment … Catholic encyclopedia
Endowment — may refer to many things:Finance*Financial endowment; relating to funds or property donated to institutions or individuals *Endowment (Life insurance); payment of the face value of a life insurance policy, usually at age 98 120 *Endowment… … Wikipedia
Endowment — En*dow ment, n. 1. The act of bestowing a dower, fund, or permanent provision for support. [1913 Webster] 2. That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as,… … The Collaborative International Dictionary of English
endowment — [n1] large gift award, benefaction, benefit, bequest, bestowal, boon, bounty, dispensation, donation, fund, funding, gifting, grant, gratuity, income, inheritance, largess, legacy, nest egg, pension, presentation, property, provision, revenue,… … New thesaurus
endowment — mid 15c., вЂњaction of endowing,вЂќ from ENDOW (Cf. endow) + MENT (Cf. ment). Meaning вЂњproperty with which an institution or person is endowedвЂќ is from 1590s; that of вЂњgift, power, advantageвЂќ is early 17c … Etymology dictionary
endowment — ► NOUN 1) the action of endowing. 2) a quality or ability with which a person is endowed. 3) an income or form of property endowed. 4) (before another noun ) denoting a form of life insurance involving payment of a fixed sum to the insured person … English terms dictionary
endowment — [en dou′mənt, indou′mənt] n. [ME endouement] 1. the act of endowing 2. that with which something is endowed; specif., any bequest or gift that provides an income for an institution or person 3. a gift of nature; inherent talent, ability, quality … English World dictionary
endowment — [[t]ɪnda͟ʊmənt[/t]] endowments 1) N COUNT An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income. The company revived the finances of the Oxford Union with a generous ₤1m endowment … English dictionary
endowment — UK [ɪnˈdaʊmənt] / US noun Word forms endowment : singular endowment plural endowments 1) a) [uncountable] the act of giving money to a school, hospital, or other institution the endowment of a Professorship at Oxford b) [countable] an amount of… … English dictionary