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endowment

 - 4 dictionary results

en⋅dow⋅ment

[en-dou-muhnt]
–noun
1. the act of endowing.
2. the property, funds, etc., with which an institution or person is endowed.
3. Usually, endowments. an attribute of mind or body; a gift of nature.

Origin:
1425–75; late ME < AF endowement; see endow, -ment


2. gift, grant, bequest. 3. capacity, talent, faculties, ability, capability.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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en·dow·ment   (ěn-dou'mənt)   
n.  
  1. The act of endowing.

  2. Funds or property donated to an institution, individual, or group as a source of income.

  3. A natural gift, ability, or quality.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Endowment

Assets, funds, or property donated to an institution, individual, or group as a source of income.

Investopedia Commentary

An endowment is basically a charitable gift, such as donating stocks to the United Way or donating funds to a university library.

See also: Donor Advised Fund

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: en·dow·ment
Function: noun
1 : the act or process of endowing
2 : a result or product of endowing: as a : the income of an institution derived from donations endowment> b : the property (as a fund) donated to an institution or organization that is invested and producing income endowment to maintain the gallery>
3 : an endowed organization or institution : FOUNDATION endowment>
4 : ENDOWMENT INSURANCE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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