bursary
bur·sa·ry
noun \ˈbər-sə-rē, ˈbərs-rē\ plural bur·sa·ries
Definition of BURSARY
1
: the treasury of a college or monastery
2
British : a monetary grant to a needy student : scholarship
See Origin of BURSARY
Medieval Latin bursaria, from bursa
First Known Use: 1695
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