noun
endowment
ihn-DOW-muhnt
noun
1
A sum of money or property given to an institution to provide it with ongoing income.
"The college relies on its endowment to fund scholarships."
2
A natural talent or quality someone possesses.
"His musical endowment was clear from a young age."
How to Use Endowment
Learner’s notesIn plain EnglishA gift of money that funds something long-term, or a natural gift or ability.
Common pairings
endowment fund
university endowment
Word Forms
endowments plural
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The college relies on its _____ to fund scholarships.
Etymology
From Middle English endowement, from endow plus -ment.