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endowment Definition

en·dow·ment (en do̵umənt, in-)

noun

  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, etc.

Etymology: ME endouement

endowment Synonyms

endowment

n.

  1. A gift

    donation, grant, bounty, award; see gift 1.

  2. A human quality or special capacity

    talent, gift, qualification; see ability 1.

  3. That which supplies perpetual support

    benefit, provision, bequest, grant, pension, stipend, legacy, inheritance, subsidy, revenue, trust, subvention, dispensation, bestowal, nest egg*.

  4. The act of providing perpetual support

    funding, subsidizing, providing an endowment for, setting up, supporting, giving money to, giving money for, establishing, underwriting, granting in perpetuity; see also establishing 1, giving.

endowment Finance Definition

A donation of money, stock, or property that is given to a non-profit organization, or the total assets that a nonprofit organization has invested. Usually funds given to endowments are significant. An endowment may be used to fund capital improvements or build new buildings, or it may be used to fund special programs or ongoing expenses. Often people leave money for an endowment in their will.

endowment Usage Examples

Possessives

charity: Normally, trustees cannot spend any part of the charity's permanent endowment.

Converse of object

  • possess: The school possesses an ancient endowment of £ 100, the bequest of various donors now unknown.
  • constitute: All these salaries are paid from the various funds constituting the endowment of the schools.
  • sell: Selling endowments on the traded endowments market usually results in better value than dealing directly with the life company.
  • spend: The trustees cannot normally spend permanent endowment without our authority.

Adjective modifier

  • expendable: In reality many charities with an expendable endowment depend on the income it produces to fund core or continuing activities.
  • mis-sold: Q. We received a letter from Barclays Bank offering compensation for a mis-sold endowment.
  • traded: Traded endowments are with-profits endowment policies that have been sold by the original owners before their maturity date.
  • permanent: Normally, trustees cannot spend any part of the charity's permanent endowment.
  • generous: The prize has been funded by a generous endowment set up by Mrs Jeffrey's son Dr. Alan Jeffrey.
  • genetic: Their grasp effects the genetic endowment of future generations.

Modifies a noun

  • mis-selling: My client is having great problems getting her mortgage endowment mis-selling complaint sorted.
  • misselling: The Financial Services Authority rules require endowment misselling claims to be submitted within three years of receipt of the first red letter.
  • shortfall: The most up-to-date FSA figures on endowment shortfall sizes are from last summer.
  • policyholder: Claims companies are targeting endowment policyholders facing shortfalls on their policies, with the promise of compensation through the courts.
  • mortgage: They cannot buy a house with an endowment mortgage without being obliged to do the same.
  • compensation: No win, no fee on endowment compensation claims.

Noun used with modifier

  • with-profits: Finally - and I didn't think my fingers would ever get to type this sentence - good news for with-profits endowment policy holders.
  • mortgage: For mortgage endowments â the subject matter of two thirds of our workload â the picture is even clearer.
  • capital: In some kinds of rational and far sighted worlds a regular basic income and popular capital endowment amount to the same thing.

Browse dictionary entries near endowment

  1. endow
  2. endotracheal
  3. endotoxin
  4. endothermic
  5. endothermal
  6. endothelium
  7. endothecium
  8. endostosis
  9. endosteum
  10. endospore
  1. endowment policy
  2. endpaper
  3. endpoint
  4. endrin
  5. endue
  6. endurable
  7. endurance
  8. endure
  9. enduring
  10. endways