en·dow·ment n
1: the act or process of endowing
2: a result or product of endowing: as
a: the income of an institution derived from donations
the university's ability to attract endowment
b: the property (as a fund) donated to an institution or organization that is invested and producing income
an endowment to maintain the gallery
3: an endowed organization or institution: foundation
chairwoman of the state's arts endowment

Merriam-Webster’s Dictionary of Law. . 1996.

I noun aid, allotment, allowance, appropriation, assistance, award, benefaction, benefit, bequeathal, bequest, bestowal, bestowment, boon, bounty, contribution, donation, dowry, enrichment, fund, funding, gift, grant, present, presentation, presentment, provision, stipend, subsidy associated concepts: annuity, endowment fund, endowment policy in insurance II index aid (subsistence), appropriation (donation), aptitude, behalf, benefit (conferment), bequest, caliber (mental capacity), charity, color (complexion), competence (ability), concession (authorization), contribution (donation), dedication, donation, dower, faculty (ability), foundation (organization), fund, gift (flair), gift (present), grant, inheritance, investment, largess (gift), legacy, pension, performance (workmanship), perquisite, potential, provision (act of supplying), qualification (fitness), quality (attribute), quality (grade), skill, specialty (special aptitude), support (assistance)

Burton's Legal Thesaurus. . 2006

A fund granted to support something, usually an institution such as a university or charity.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Money or property given to an institution for a specific purpose. Most often, an endowment is a gift of money and the principal isn't spent — instead, the income from the principal is used for the benefit of the institution or its members.
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution.

Dictionary from West's Encyclopedia of American Law. 2005.

A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

   the creation of a fund, often by gift or bequest from a dead person's estate, for the maintenance of a public institution, particularly a college, university or scholarship.

Law dictionary. . 2013.

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Look at other dictionaries:

  • Endowment — • A property, fund, or revenue permanently appropriated for the support of any person, institution, or object, as a student, professorship, school, hospital Catholic Encyclopedia. Kevin Knight. 2006. Endowment     Endowment …   Catholic encyclopedia

  • Endowment — may refer to many things:Finance*Financial endowment; relating to funds or property donated to institutions or individuals *Endowment (Life insurance); payment of the face value of a life insurance policy, usually at age 98 120 *Endowment… …   Wikipedia

  • Endowment — En*dow ment, n. 1. The act of bestowing a dower, fund, or permanent provision for support. [1913 Webster] 2. That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as,… …   The Collaborative International Dictionary of English

  • endowment — [n1] large gift award, benefaction, benefit, bequest, bestowal, boon, bounty, dispensation, donation, fund, funding, gifting, grant, gratuity, income, inheritance, largess, legacy, nest egg, pension, presentation, property, provision, revenue,… …   New thesaurus

  • endowment — mid 15c., “action of endowing,” from ENDOW (Cf. endow) + MENT (Cf. ment). Meaning “property with which an institution or person is endowed” is from 1590s; that of “gift, power, advantage” is early 17c …   Etymology dictionary

  • endowment — ► NOUN 1) the action of endowing. 2) a quality or ability with which a person is endowed. 3) an income or form of property endowed. 4) (before another noun ) denoting a form of life insurance involving payment of a fixed sum to the insured person …   English terms dictionary

  • endowment — [en dou′mənt, indou′mənt] n. [ME endouement] 1. the act of endowing 2. that with which something is endowed; specif., any bequest or gift that provides an income for an institution or person 3. a gift of nature; inherent talent, ability, quality …   English World dictionary

  • endowment — Funds or property that are donated with either a temporary or permanent restriction as to the use of principal. American Banker Glossary Gift of money or property to a specified institution for a specified purpose. Bloomberg Financial Dictionary… …   Financial and business terms

  • endowment — [[t]ɪnda͟ʊmənt[/t]] endowments 1) N COUNT An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income. The company revived the finances of the Oxford Union with a generous ₤1m endowment …   English dictionary

  • endowment — UK [ɪnˈdaʊmənt] / US noun Word forms endowment : singular endowment plural endowments 1) a) [uncountable] the act of giving money to a school, hospital, or other institution the endowment of a Professorship at Oxford b) [countable] an amount of… …   English dictionary

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