endowment
51Endowment assurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
52Endowment insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
53endowment mortgage — A mortgage in which repayment of the principal is made principally by means of an endowment assurance policy. In the UK in the 1980s and 1990s, many first time home buyers were encouraged to take out this form of mortgage (which earns the… …
54endowment fund — noun the capital that provides income for an institution • Syn: ↑endowment • Derivationally related forms: ↑endow (for: ↑endowment) • Hypernyms: ↑capital …
55endowment policy — noun a life assurance savings scheme designed to pay out a lump sum when the policy matures See Also: endowment linked mortage …
56endowment mortgage — noun Brit. a mortgage linked to an endowment insurance policy which is intended to repay the capital sum on maturity …
57endowment assurance — An assurance policy that pays a specified amount of money on an agreed date or on the death of the life assured, whichever is the earlier. As these policies guarantee to make a payment (either to the policyholder or his or her dependants) they… …
58endowment assurance — /ɪn daυmənt əˌʃυərəns/, endowment insurance /ɪn daυmənt ɪnˌʃυərəns/ noun an insurance policy where a sum of money is paid to the insured person on a certain date or to his heirs if he dies before that date …
59endowment policy — /ɪn daυmənt ˌpɒlɪsi/ noun same as endowment assurance …
60endowment — /en dow meuhnt/, n. 1. the act of endowing. 2. the property, funds, etc., with which an institution or person is endowed. 3. Usually, endowments. an attribute of mind or body; a gift of nature. [1425 75; late ME < AF endowement; see ENDOW, MENT]… …
