endowment
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3 ENTRIES FOUND:

en·dow·ment

noun \-mənt\

Definition of ENDOWMENT

1
: the act or process of endowing
2
: something that is endowed; specifically : the part of an institution's income derived from donations
3
: natural capacity, power, or ability <a person of great intellectual endowment>

Examples of ENDOWMENT

  1. The hospital's endowment was established by a local family.
  2. The college has a large endowment.
  3. the endowment of a hospital wing

First Known Use of ENDOWMENT

15th century

Other Economics Terms

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

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