Simple Definition of endowment
: a large amount of money that has been given to a school, hospital, etc., and that is used to pay for its creation and continuing support
: the act of providing money to create or support a school, organization, etc.
: a person's natural ability or talent
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
ENDOWMENT Defined for Kids
Definition of endowment
1 : the act of providing money for support
2 : money provided for support <a college's endowment>
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