define endowment - Search
 
  1. Dictionary

    en·dow·ment
    [inˈdoum(ə)nt, enˈdoum(ə)nt]
    noun
    endowment (noun) · endowments (plural noun)
    1. the action of endowing something or someone:
      "he tried to promote the endowment of a Chair of Psychiatry"
      • an income or form of property given or bequeathed to someone.
      • (endowments)
        a quality or ability possessed or inherited by someone.
      • a form of life insurance involving payment of a fixed sum to the insured person on a specified date, or to their estate should they die before this date:
        "an endowment policy"
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  2. People also ask
    What is endowment noun?[countable, usually plural] a quality or an ability that you are born with Few people are blessed with her mental endowments. Definition of endowment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
    What is an endowment in music?Or, an endowment might be a natural gift, say of a physical attribute or a talent. If you lack the endowment of musical talent, you could play the tambourine. To endow means "to give or bequeath," and the background of the word endowment goes back to the 15th Century, where it was used to refer to money or property that is given to an institution.
    What is an example of an endowment?Smith College, for example, has an endowment for its botanical gardens, and Harvard University has more than 14,000 separate endowment funds. There are four types of endowments: Unrestricted Endowment – This consists of assets that can be spent, saved, invested, or distributed at the discretion of the institution receiving the gift.
    What is an endowment structure?An endowment is a structure used by large non-profit organizations – such as hospitals, museums, and universities – to raise donation capital in order to fund its operations on an ongoing basis. The endowment structure enables such non-profit organizations to manage a set of financial assets through which investment returns can be generated.
     
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