endow


en·dow

verb \in-ˈda, en-\

: to give a large amount of money to a school, hospital, etc., in order to pay for the creation or continuing support of (something)

: to freely or naturally provide (someone or something) with something

Full Definition of ENDOW

transitive verb
1
:  to furnish with an income; especially :  to make a grant of money providing for the continuing support or maintenance of <endow a hospital>
2
:  to furnish with a dower
3
:  to provide with something freely or naturally <endowed with a good sense of humor>

Examples of ENDOW

  1. The wealthy couple endowed a new wing of the hospital.
  2. She plans to endow a faculty position at the university.
  3. The money will be used to endow the museum and research facility.

Origin of ENDOW

Middle English, from Anglo-French endower, from en- + dower, douer to endow, from Latin dotare, from dot-, dos gift, dowry — more at date
First Known Use: 14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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