endowment
en dow muhnt
- n natural abilities or qualities
- n the capital that provides income for an institution
- n the act of endowing with a permanent source of income
his generous endowment of the laboratory came just in the nick of time
- The subject of the flap is the re-creation of an endowment ceremony, a ritual affirmation of faith which is allowed only to be witnessed by church members in good standing.
- This just in from the W$J: Mohamed El-Erian, head of the company that manages Harvard University's $35 billion endowment, is resigning from that position to return to Pacific .
- The total value of Harvard's endowment plunged nearly 30 percent in the last fiscal year as the Ivy League institution's portfolio was battered by the worldwide recession.