the act of endowing.
the property, funds, etc., with which an institution or person is endowed.
Usually, endowments. an attribute of mind or body; a gift of nature.

1425–75; late Middle English < Anglo-French endowement; see endow, -ment

nonendowment, noun
reendowment, noun

2. gift, grant, bequest. 3. capacity, talent, faculties, ability, capability.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
endowment (ɪnˈdaʊmənt)
1.  a.  the source of income with which an institution, etc, is endowed
 b.  the income itself
2.  the act or process of endowing
3.  (usually plural) natural talents or qualities

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

mid-15c., action of endowing, from endow + -ment. Meaning property with which an institution or person is endowed is from 1590s; that of gift, power, advantage is early 17c.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Endowments include permanent and term endowments, and permanent funds.
Endowments are not similar enough and it is impossible that the same set of
  goods is made everywhere.
With its healthy endowments, it has continued to grow and now stands as one of
  the world's foremost repositories of masterworks.
It is an expensive policy, supported by endowments that have been shrinking in
  real terms in many places.
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