Endowment

Business, Legal & Accounting Glossary

Definition: Endowment


Endowment

Quick Summary of Endowment


A permanent fund bestowed upon an individual or institution, such as a university, museum, hospital, or foundation, to be used for a specific purpose.




What is the dictionary definition of Endowment?

Dictionary Definition


n. the creation of a fund, often by gift or bequest from a dead person’s estate, for the maintenance of a public institution, particularly a college, university or scholarship.


Examples of Endowment in a sentence


You may receive an endowment and it could be a good idea to look to make a risky investment with it.

When the young man of only twenty was born the endowments he was given was muscle, intelligence, and amazing good looks.

Dr, John Smith’s sizeable endowment to The University of Missouri in 1963 continues to allow low income students majoring in medicine to attend the university tuition free.


Related Phrases


Rybczynski Theorem
institutional investor
Unitized Endowment Pool (UEP)
New Mexico State Investment Office Trust
accelerative endowment
factor endowment
institutional fund
endowment insurance
endowment assurance
factor endowment
accelerative endowment
Unitized Endowment Pool (UEP)


Cite Term


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https://payrollheaven.com/define/endowment/
Modern Language Association (MLA):
Endowment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/endowment/.
Chicago Manual of Style (CMS):
Endowment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/endowment/ (accessed: May 18, 2024).
American Psychological Association (APA):
Endowment. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/endowment/

Definition Sources


Definitions for Endowment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th October, 2021 | 0 Views.