Meaning of the word endowment in English

What does endowment mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

endowment

US /ɪnˈdaʊ.mənt/
UK /ɪnˈdaʊ.mənt/
"endowment" picture

Noun

1.

an income or form of property given or bequeathed to an institution, typically a college or university, and used to fund its operations.

Example:
The university's large endowment allows it to offer many scholarships.
The museum relies heavily on its endowment for operational costs.
2.

a quality or ability possessed or inherited by someone.

Example:
Her natural endowment for music was evident from a young age.
He was blessed with a rare endowment of intelligence and wit.
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