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endowment

C2
Fairly common

Pronunciation

UK

  • /ɛndˈaʊmənt/

US

  • /ɛnˈdaʊmənt/

Meanings

Noun

  1. money or property set aside to support an institution, organization, or purpose

  2. a natural ability, quality, or advantage someone has

  3. a life insurance policy that pays out after a fixed period or on death

Beyond the definition

An endowment is not just about money, though it often is. It can be a gift of money or property, like a generous donation to a university that creates lasting financial support. But it can also mean something you are born with: a natural talent or quality. A singer might have a beautiful vocal endowment. Think of it as something valuable that gives lasting support or a natural ability.

For example, Harvard University has a massive endowment that allows it to offer scholarships and fund research. Similarly, Shakespeare had an undeniable literary endowment, a natural gift for writing beautiful poetry and plays.

Examples

  1. 1

    Museum gift

    The museum received a large endowment from a local businesswoman.

  2. 2

    Scholarships

    Income from the endowment helps pay for student scholarships.

  3. 3

    University funding

    The university is trying to build its endowment so it can fund more research.

  4. 4

    Charities

    Several small charities depend on endowments to cover their long-term costs.

More examples
  1. 5

    Natural abilities

    Even as a child, she showed remarkable musical endowments.

    • Phrasenatural endowments

      natural abilities or qualities

See also

Similar

Contrast

Used with (collocations)

  • endowment fund
  • university endowment
  • manage an endowment
  • endowment income

Word family

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Forms and spellings

2 forms open this card.

Main spelling

  • endowmentnoun

Forms

  • endowmentspluralnoun