endowment
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
- The hospital's endowment was established by a local family.
- The college has a large endowment.
- the endowment of a hospital wing
First Known Use of ENDOWMENT
15th century
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