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endowment

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Definition of endowment

noun

  • 1 [mass noun] the action of endowing something or someone:he tried to promote the endowment of a Chair of Psychiatry
  • [count noun] an income or form of property given or bequeathed to someone: university endowments
  • 2 (usually endowments) a quality or ability possessed or inherited by someone: his natural endowments were his height and intelligence [mass noun]:differences in genetic endowment
  • 3 [usually as modifier] a form of life insurance involving payment of a fixed sum to the insured person on a specified date, or to their estate should they die before this date:an endowment policy

endowment in other Oxford dictionaries

Definition of endowment in the US English dictionary
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Word of the day

offing

/ ˈɒfɪŋ /
noun
the more distant part of the sea in view …