Endowment: meaning, definitions and examples
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endowment
[ ɪnˈdaʊmənt ]
finance
The action of endowing something or someone. In finance, endowment refers to a large sum of money or property that is given to an organization, especially a university, to provide income for its continued support.
Synonyms
Examples of usage
- The university received a generous endowment from a wealthy alumni.
- The endowment fund was established to support research and scholarships.
legal
The act of legally transferring property, title, or rights to another person. Endowment in legal terms can refer to the transfer of assets or funds as a gift or inheritance.
Synonyms
allocation, bestowal, conferment
Examples of usage
- The endowment of the estate to the heirs was contested in court.
- She decided to endow her artwork collection to a museum.
education
An income or property given to a school, college, or other institution for support. Endowment in the context of education is often used to refer to financial resources provided to academic institutions.
Synonyms
Examples of usage
- The endowment allowed the university to expand its research facilities.
- The school used the endowment to fund scholarships for students.
Translations
Translations of the word "endowment" in other languages:
🇵🇹 doação
🇮🇳 दान
🇩🇪 Spende
🇮🇩 sumbangan
🇺🇦 дар
- пожертва
- фонд
🇵🇱 darowizna
🇯🇵 寄付 (kifu)
🇫🇷 don
🇪🇸 donación
🇹🇷 bağış
🇰🇷 기부 (gibu)
🇸🇦 تبرع
🇨🇿 dar
🇸🇰 dar
🇨🇳 捐赠 (juānzèng)
🇸🇮 darilo
🇮🇸 gjöf
🇰🇿 сыйлық
🇬🇪 ნიჭი
🇦🇿 hədiyyə
🇲🇽 donación
Word origin
The word 'endowment' originated from the Old French word 'endouer', meaning 'to provide with a dowry'. It entered the English language in the late 14th century with the sense of providing with an income or property. Over time, the term evolved to encompass various contexts such as finance, legal transfers, and educational support.