An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income.
The company revived the finances of the Oxford Union with a generous £1m endowment.
...the National Endowment for the Arts.
Synonyms: provision, fund, funding, award More Synonyms of endowment
2. countable noun
If someone has an endowment of a particular quality or ability, they possess it naturally.
[formal]
3. countable noun [usually NOUN noun]
In finance, an endowment policy or mortgage is an insurance policy or mortgage which you pay towards each month and which should then provide you with enough money to pay for your house at the end of a fixed period.
[British]
More Synonyms of endowment
endowment in British English
(ɪnˈdaʊmənt)
noun
1.
a.
the source of income with which an institution, etc, is endowed
b.
the income itself
2.
the act or process of endowing
endowment in American English
(ɛnˈdaʊmənt; ɪnˈdaʊmənt)
noun
1.
the act of endowing
2.
that with which something is endowed; specif., any bequest or gift that provides an income for an institution or person
3.
a gift of nature; inherent talent, ability, quality, etc.
Word origin
ME endouement
Examples of 'endowment' in a sentence
endowment
We could have stopped paying into the endowment at that stage, but another problem with the policies is that the charges are loaded at the front end.
Times, Sunday Times (2016)
Thanks to this, the least worst option in 1999 seemed to be to keep paying into the endowment policy and use it as an extra savings account.
Times, Sunday Times (2016)
We came out with an endowment mortgage.
Times, Sunday Times (2016)
Using the endowment proceeds to provide a nest egg for his daughters is a sensible idea.
Times, Sunday Times (2007)
Should we cash in the endowment to pay off the debts?
Times, Sunday Times (2013)
But the relative position of consumers and firms along these curves is affected by their initial endowments.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
Surely it is unwise to surrender any endowment policy?
Times, Sunday Times (2009)
You have five years to go until the endowment matures.
Times, Sunday Times (2007)
We visited the branch and were told that the endowment money had not been paid.
Times, Sunday Times (2013)
The bad news for endowment policyholders just keeps coming.
Times, Sunday Times (2007)
My first experience of such a financial product was an endowment mortgage.
Times, Sunday Times (2012)
Are the initial endowments of productive resources stocks or flows?
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
It would make sense to pay down the mortgage further when the endowment matures.
Times, Sunday Times (2006)
Use endowment money to clear debts and overdue tax.
Times, Sunday Times (2009)
This interaction determines a unique product mix for the economy to produce given the initial endowment of resources.
Miller, Roger LeRoy & Fishe, Raymond P. H. Microeconomics: Price Theory in Practice (1995)
The monthly repayments would be about the same but it would free up the endowment when it matures.
Times, Sunday Times (2007)
The claimant paid the deposit and the balance was raised by way of an endowment mortgage in their joint names.
Times, Sunday Times (2011)
Investors thinking of abandoning with-profits endowments or bonds should check they will not incur a tax bill.
Times, Sunday Times (2008)
That will clear your mortgage, provided the endowment meets its projected value.
Times, Sunday Times (2010)
Norwich Union argues it has already taken steps to help endowment policyholders through its mortgage promise.
Times, Sunday Times (2007)
Her mortgage is interest-only and will mature in eight years when an endowment policy should pay off the capital sum.
Times, Sunday Times (2009)
Investors thinking of abandoning with-profits endowments or bonds should check thatthey will not incur a tax bill by doing so.
Times, Sunday Times (2007)
At the end of the term, you need to pay off the capital using the money from your endowment policy.
Times, Sunday Times (2007)
At first it appeared that they had been badly advised, so the building society allowed them to cancel their endowment policy.
Tondeur, Keith Say Goodbye to Debt (1994)
I feel that to keep paying the endowments is like throwing our much-needed money away.
Times, Sunday Times (2010)
Savers with 25-year endowments maturing this year will see their payouts tumble by up to 20 per cent.
The Sun (2009)
In other languages
endowment
British English: endowment NOUN
An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income.
The museum is seeking an endowment for its future.
American English: endowment
Brazilian Portuguese: dotação
Chinese: 捐赠基金
European Spanish: donación
French: dotation
German: Stiftung
Italian: donazione
Japanese: 基金
Korean: 기증
European Portuguese: dotação
Latin American Spanish: dotación
All related terms of 'endowment'
child endowment
a social security payment for dependent children
endowment mortgage
an arrangement whereby a person takes out a mortgage and pays the capital repayment instalments into a life assurance policy and only the interest to the mortgagee during the term of the policy. The loan is repaid by the policy either when it matures or on the prior death of the policyholder
endowment policy
a document containing a record , and the terms and conditions of, an endowment mortgage .
traded endowment
A traded endowment is a traditional with-profits endowment policy that has been sold to a new owner part way through its term.
endowment assurance
a form of life insurance that provides for the payment of a specified sum directly to the policyholder at a designated date or to his or her beneficiary should the policyholder die before this date
endowment insurance
Endowment insurance is a type of life insurance that pays a particular sum directly to the policyholder at a stated date , or to a beneficiary if the policyholder dies before this date.
second-hand endowment
A second-hand endowment is a traditional with-profits endowment policy that has been sold to a new owner part way through its term.
National Endowment for the Arts
a body the promotes the arts in the United States
1 (noun)
Definition
the money given to an institution, such as a hospital
The company gave the Oxford Union a generous £1m endowment.
Synonyms
provision
fund
funding
award
this year's annual pay award
income
grant
My application for a grant has been rejected.
gift
a gift of $50,000
contribution
companies that make charitable contributions of a half million dollars or more
revenue
subsidy
They've slashed state subsidies.
presentation
at the presentation ceremony
donation
Employees make regular donations to charity.
legacy
You could make a real difference to someone's life by leaving them a generous legacy.
hand-out
boon (archaic)
She begged him to grant her one boon.
bequest
Only one in eight leaves a bequest to charity.
stipend
He was under considerable pressure to justify his lavish stipend.
bestowal
benefaction
largesse or largess
koha (New Zealand)
2 (noun)
Definition
a natural talent or quality
individuals with higher-than-average intellectual endowments
Synonyms
talent
Both her children have a talent for music.
power
He was so terrified that he had lost the power of speech.
feature
The gardens are a special feature of this property.
quality
He wanted to introduce mature people with leadership qualities.
ability
Her drama teacher spotted her ability.
gift
As a youth he discovered a gift for teaching.
capacity
Our capacity for giving care, love and attention is limited.
characteristic
Genes determine the characteristics of every living thing.
attribute
He has every attribute a footballer could want.
qualification
That time with him is my qualification to write the book.
genius
This is the mark of her genius as a designer.
faculty
a faculty for self-preservation
capability
These tasks are far beyond her capabilities.
flair
She has a flair for languages.
aptitude
He discovered an aptitude for working in accounts.
Additional synonyms
in the sense of ability
Definition
great skill or competence
Her drama teacher spotted her ability.
Synonyms
skill,
talent,
know-how (informal),
gift,
expertise,
faculty,
flair,
competence,
energy,
accomplishment,
knack,
aptitude,
proficiency,
dexterity,
cleverness,
potentiality,
adroitness,
adeptness,
expertness,
force,
craft,
endowment
in the sense of aptitude
Definition
natural tendency or ability
He discovered an aptitude for working in accounts.
Synonyms
gift,
ability,
talent,
capacity,
intelligence,
leaning,
bent,
tendency,
faculty,
capability,
flair,
inclination,
disposition,
knack,
propensity,
proficiency,
predilection,
cleverness,
proclivity (formal),
quickness,
giftedness,
proneness,
aptness
in the sense of attribute
Definition
a quality or feature representative of a person or thing