endowment (B2)
noun
Pronunciation: /ɪnˈdaʊmənt/
Definition
A large sum of money or property given to an institution, such as a university or hospital, to provide it with an income, or the act of giving such a sum.
Examples
The museum received a generous endowment from a local philanthropist.
Her endowment will fund scholarships for aspiring artists for years to come.
The university's financial stability relies heavily on its endowment fund.
How to Use endowment
- endowment for (prepositional phrase)
- A gift given to support a specific purpose or institution. — "The scholarship is made possible by an endowment for students studying engineering."
- endowment of (prepositional phrase)
- The act of bestowing a gift or a natural quality. — "The endowment of the library with new books was a major event."
Synonyms of endowment
Words with a similar meaning to endowment:
Antonyms of endowment
Words with the opposite meaning to endowment:
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