Definition, Meaning & Synonyms
endowment
Noun
/ɪnˈdaʊ.mənt/
Definition
A fund or property donated to an institution, especially for the purpose of providing income.
Examples
- The university received a significant endowment that will help fund scholarships for students.
- Her endowment of art supplies ensured that the community center could offer creative classes.
Meaning
Endowment refers to the funds or resources that are given to an organization, such as a college or charity, to support its work and goals over time.
Synonyms
- Donation
- Gift
- Legacy
- Fund
