endowment

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"The establishment of this endowment is a key element in our plans for the future of the APM," said Taylor.

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Definitions (15)

Toggle American Heritage definitions American Heritage Dictionary (3)

  1. noun The act of endowing.
  2. noun Funds or property donated to an institution, individual, or group as a source of income.
  3. noun A natural gift, ability, or quality.

Toggle Century definitions Century Dictionary (8)

Toggle GNU Webster definitions GNU Webster's 1913 (1)

Toggle WordNet definitions WordNet (3)

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Examples (50)

  • The Divinity School's second source of revenue behind the endowment is tuition revenue at 21 percent. —  The Harvard Crimson :: News
  • "I think that many of the grants made to artists by the endowment were mistakes," he said, adding quickly, "But I'll never intrude." —  BEAUTIFUL, ALSO, ARE THE SOULS OF MY BLACK SISTERS
  • The lavish spending was made possible by the earnings from Harvard's $36.9 billion endowment, the world's largest. —  Forbes.com: News
  • Assuming the fiscal year ends with around a $24 billion endowment value, the university will be drawing down half again as high a percentage of its assets as it did in 2004, the last time the endowment was around that size. —  Forbes.com: News
  • Be sure to get back to us next year about the wonderfulness of the high-quality, low-tuition, Coke-free, institution where students get to know every employee's salary, get to control how the endowment is invested and how revenues are spent, share their library with the general public, and get to decide exactly which foreign nationals get scholarships and which foreign universities get leftover equipment donations. —  Washington Square News RSS
 

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/ɛnˈdaʊmənt/
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