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- Dictionaryendowment/ɪnˈdaʊm(ə)nt/
noun
- 1. the action of endowing something or someone: "he tried to promote the endowment of a Chair of Psychiatry" Similar
- 2. a quality or ability possessed or inherited by someone: "his natural endowments were his height and intelligence" Similar
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money that is given to a college, hospital, etc. in order to provide it with an income, or the giving of this money: The school has received an endowment of $50,000 to buy new books for the library. [ C ] something that you have from birth, often a quality: There are tests that can establish a baby's genetic endowment.
Apr 7, 2024 · What Is an Endowment? An endowment is a gift to a nonprofit organization to be used for a specific purpose. The term endowment is also used to refer to the total...
The meaning of ENDOWMENT is the act or process of endowing. How to use endowment in a sentence. the act or process of endowing; something that is endowed; specifically : the part of an institution's income derived from donations…
ENDOWMENT meaning: 1. money that is given to a college, hospital, etc. in order to provide it with an income, or the…. Learn more.
An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income.
noun. the act of endowing. the property, funds, etc., with which an institution or person is endowed. Synonyms: bequest, grant, gift. Usually endowments. an attribute of mind or body; a gift of nature. Synonyms: ability, talent, capacity, capability. endowment. / ɪnˈdaʊmənt /.
Definition of endowment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
An endowment is a gift. It might be money given to an institution like a college. Or, an endowment might be a natural gift, say of a physical attribute or a talent.
The purpose of an endowment is to earn investment income by investing the donated capital. Part of the investment income is used for operations and the rest is reinvested. The FASB classifies endowments into three categories – true endowments, terms endowments, and quasi-endowments.
ENDOWMENT meaning: 1 : a large amount of money that has been given to a school, hospital, etc., and that is used to pay for its creation and continuing support; 2 : the act of providing money to create or support a school, organization, etc.
