Definition of Endowment
Endowment
en·dow·ment
Definition/Meaning
(noun)
a form of income that comes from funds or property that are given or granted to someone, especially the donations received by an academic institution;
e.g. The university's endowment will be used to fund this project.
(noun)
the action or process of freely providing someone with something;
e.g. Thanks to the his endowment, we have enough funds to support our cause.
(noun)
some natural ability, capacity, or quality possessed by someone;
e.g. His greatest endowment is his physical fitness.
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Quotes
"Happiness is not an accident. Nor is it something you wish for. Happiness is something you design." -- Jim Rohn
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