What does "endowment" mean?

Endowment: 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.

Additional senses

  1. 2.That which is given or bestowed upon the person or mind; gift of nature; accomplishment; natural capacity; talents; -- usually in the plural. His early endowments had fitted him for the work he was to do. I. Taylor.

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