endowment
1 of 1nouna natural talent, ability, or quality possessed by a person
- Her musical endowment was evident from a young age.
- He has an endowment for languages, learning them effortlessly.
- Artistic endowment distinguished her work from others.
- Physical endowment contributed to his success in athletics.
- The child's endowment for mathematics was remarkable.
money or property donated to an institution, the income from which is used for its support
C2An endowment is a large sum of money or assets donated to an institution, such as a university or charity, that is intended to be invested to generate income. The income from the endowment is used to support the institution's ongoing activities, such as scholarships, research, and other programs. The principal amount of the endowment is usually kept intact, while the earnings are spent. Endowments help ensure the long-term financial stability of an organization by providing a reliable source of funding over time.
- The university's scholarship program is funded by its endowment.
- The museum expanded thanks to a generous endowment.
- The hospital receives income from its endowment for medical research.
- The library's rare book acquisitions are financed by its endowment.
- Alumni contributions increased the school's endowment.
the action of providing an institution or entity with a permanent source of income or capital
- The philanthropist's endowment of the arts center secured its future.
- The endowment of the hospital ensured continuous medical services.
- The trust was responsible for the endowment of several schools.
- The foundation's endowment supported community programs indefinitely.
- Legal arrangements formalized the endowment of the institution.