endowment

Definition of endowment in English English dictionary: The penis
She was very impressed by his endowment.; The invested funds of a not-for-profit institution
Rich alumni have given Harvard an endowment worth billions, the interest on which supports the college handsomely.; Something with which a person or thing is endowed
Every man is endowed with free will, that is our greatest endowment.; {n} wealth given, a gift of nature; A life assurance and savings and investment policy, classically sold to back an interest-only mortgage The key word here is "sold" No-one in their right minds would "buy" one of these overcharging and underperforming abominations these days See With Profits Insurance and Surrender Value Also, see Life Insurance; The principal amount of gifts and bequests that are accepted subject to a requirement that the principal be maintained intact and invested to create a source of income for a foundation Donors may require that the principal remain intact in perpetuity, or for a defined period of time or until sufficient assets have been accumulated to achieve a designated purpose; A fund usually in the form of an income-generating investment, established to provide long-term support for the institution, including for faculty/research positions (e g , endowed chair); A fund usually in the form of an income-generating investment, established to provide long-term support for faculty/research positions (e g , endowed chair); Funds that are kept permanently and invested to create income for the organization; A life assurance policy related to a mortgage designed to pay off the amount originally borrowed at the end of the mortgage term An endowment policy will pay you a fixed amount on a set date or if you die before that date, in other words it's both a way of saving and life insurance People often use endowments to repay interest only mortgages The drawback of them is that it is often unclear how much you are having to pay in charges and the plans are often very rigid, so if you start an endowment and then decide to cancel it, you might not get back what you paid in; Funds donated to U of T by a person, or corporation, either directly or in a will Endowments are invested to earn income Only the investment income from an endowment is available for spending The original capital remains intact See also Pure endowment and Designated endowment; 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 National Endowment for the Arts; Funds intended to be invested in perpetuity to provide income for continued support of a not-for-profit organization; A type of funding to be kept permanently and invested to give income for the continued support of an institution or organization; A permanently restricted net asset, the principal of which is protected and the income from which may be spent and is controlled either by donor restriction or the organization's governing board Topic areas: Fundraising and Financial Sustainability; Funds legally designated by the donor to be kept permanently and invested to provide income for support of an organization or a specific aspect of its work; Life insurance payable to the policyholder, if living, on the maturity date stated in the policy or to a beneficiary if the insured individual dies prior to that date; In an endowment fund, the principal is invested, and only a portion of the investment earnings is spent The rest of the earnings are channeled back into the fund, so that the endowment grows over time In this way, the endowment becomes a perpetual source of funding for whatever the donor wishes to achieve; natural qualities or talents the capital that provides income for an institution; the act of endowing with a permanent source of income; "his generous endowment of the laboratory came just in the nick of time" natural qualities or talents the capital that provides income for an institution; Interest earning fund in which the principal is retained to earn interest indefinitely The interest earned is used to fund the programme, scholarship, or purpose designated by the donor Assets owned and invested by a nonprofit from which generally only the income can be expended for operations Endowments can be restricted for particular purposes Endowments can be "legal" or "quasi " Legal endowments are those which donors give with restrictions for particular uses Quasi endowments are assets of a nonprofit which the board or administration has decided to hold as an endowment; subsequent action of another board or administration could change or end a quasi endowment; The principal amount of a gift or bequest accepted by an organization or foundation The principal is intended to be maintained intact and invested to create a source of income for an organization or foundation As a donor, you may require that the principal remain intact forever, for a defined period of time, or until sufficient assets have accumulated to achieve a designated purpose; Donors can choose to have their contributions endowed When endowed, the fund created by the gift becomes part of the University's investment portfolio and only the interest earned can be spent for the purpose(s) set forth in the endowment agreement Such an endowment lasts forever; A bequest or gift that is intended to be kept permanently and invested to create income for an organization or foundation; A permanently restricted net asset, the principal of which is protected and the income from which may be spent and is controlled by either the donor’s restrictions or the organization’s governing board; A fund that is set aside for the future benefit of the institution; the act of endowing with a permanent source of income; "his generous endowment of the laboratory came just in the nick of time"; 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; The act of bestowing a dower, fund, or permanent provision for support; natural qualities or talents; That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as, the endowment of a church, a hospital, or a college; An ordinance or ritual conducted in Mormon temples, in which the recipient is taught the signs and tokens necessary to pass the sentries at the gates of heaven; Money received only the interest earned on which may be spent; Life insurance payable to the policyholder, if living on the maturity date stated in the policy, or to a beneficiary if the insured dies before that date For example, some Term to age 100 policies offer the option of taking the face amount of the policy as a cash payout at age 100 if the policyholder is still alive and paying all required income taxes on the amount received or leaving the policy to pay out upon death whereupon the payout is tax free; If someone has an endowment of a particular quality or ability, they possess it naturally; A gift that is invested in perpetuity by the UT System and a portion or all of the income as determined by UT System It is used to fund programs designated by the donor The original gift is never spent; Funds owned by an institution and invested to produce income to support the operation of the institution Many educational institutions use a portion of their endowment income for financial aid; That which is given or bestowed upon the person or mind; gift of nature; accomplishment; natural capacity; talents; usually in the plural; The transfer of money or property (usually as a gift) to a public organization for a specific purpose, such as medical research or scholarships; A permanent stewardship fund established to support costs of maintaining a property or defending and monitoring a conservation easement Permanence is assured by restricting withdrawals for the principal and relying on investment income for annual cost; {i} grant, award, donation; talent, gift, ability (furnished by God, nature, etc.); the capital that provides income for an institution
endowment policy: a life assurance savings scheme designed to pay out a lump sum when the policy matures
endowment-linked mortgage: A special mortgage where the borrower only pays back the interest charged by the lender. Therefore the outstanding balance does not decrease as it does with a standard loan
endowment-policy: Attributive form of endowment policy, noun
endowment fund: fund from which sums of money are given
endowment insurance: life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured
endowment policy: an insurance arrangement that pays you a sum of money after an agreed period of time
endow: To furnish with money or its equivalent, as a permanent fund for support; to make pecuniary provision for; to settle an income upon; especially, to furnish with dower; as, to endow a wife; to endow a public institution
endow: To bestow freely
endow: To enrich or furnish with anything of the nature of a gift (as a quality or faculty); -- followed by with, rarely by of; as, man is endowed by his Maker with reason; to endow with privileges or benefits
endow: To be furnished with something naturally
She was endowed with a beautiful voice.
endow: {v} to give a portion, enrich, endue
National Endowment for the Arts: NEA a US government organization that provides money for artists, museums, theatre companies etc, to help them in their work. There is a similar organization in the UK called the Arts Council. Independent agency of the U.S. government that supports the creation, dissemination, and performance of the arts. It was created by the U.S. Congress in 1965 and funds projects in literature, music, theatre, film, dance, fine arts, sculpture, and crafts. The majority of NEA grants go directly to institutions such as art museums, not-for-profit theatres, and symphony orchestras; to arts programs in schools; and to support events such as folk arts festivals. Some individual artists are funded for specific projects as well. Grants are often awarded by the NEA in cooperation with state and local arts agencies. NEA funding dropped in the 1990s, as Congressional opposition arose in response to certain NEA-supported projects
National Endowment for the Humanities: the NEH a US government organization which provides money for writers and other people working in the humanities (=subjects like history, language, and literature) to help them with their work. U.S. independent agency. Founded in 1965, it supports research, education, preservation, and public programs in the humanities. It provides grants to museums, libraries, archives, television programs, historic sites, translation and editorial projects by academic presses, educational and research institutions, and individuals
endow: furnish with an endowment; "When she got married, she got dowered"
endow: If someone endows an institution, scholarship, or project, they provide a large amount of money which will produce the income needed to pay for it. The ambassador has endowed a $1 million public-service fellowships program. see also well-endowed
endow: To enrich or furnish with anything of the nature of a gift (as a quality or faculty); followed by with, rarely by of; as, man is endowed by his Maker with reason; to endow with privileges or benefits
endow: If you endow something with a particular feature or quality, you provide it with that feature or quality. Herbs have been used for centuries to endow a whole range of foods with subtle flavours. = imbue
endow: furnish with an endowment; "When she got married, she got dowered" give qualities or abilities to
endow: You say that someone is endowed with a particular desirable ability, characteristic, or possession when they have it by chance or by birth. You are endowed with wealth, good health and a lively intellect
endow: {f} grant, award, give a gift of money or property; furnish with some quality or ability
endow: give qualities or abilities to
endowments: plural of endowment