noun the income or property with which a person or institution is endowed
In finance, endowment can refer to a fund set up by an institution or individual to provide financial support for a specific purpose, such as retirement or charitable giving.
Endowment funds are often used by universities and colleges to support scholarships, faculty positions, research, and other academic programs.
Endowment may be used in legal contexts to refer to the establishment and management of trusts or funds for specific purposes, such as charitable giving or educational support.
Endowment refers to a donation or gift of money or property to a nonprofit organization, typically to provide ongoing financial support.
Endowment management involves investing and overseeing funds donated to a nonprofit organization to ensure long-term financial sustainability.
In the context of a writer, endowment may refer to a grant or donation given to support a specific literary project or organization.
For a psychologist, endowment can relate to the natural abilities or talents that a person possesses, which may influence their approach to therapy or research.
In academia, a professor may receive an endowment to support their research, teaching, or a specific department within the university.
A nonprofit executive may work with endowments to secure long-term funding for their organization's programs and operations.
For a financial advisor, endowment could refer to a type of investment fund that is set up to provide ongoing financial support for a specific purpose, such as a university or charitable organization.