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Definition of endowment noun from the Oxford Advanced American Dictionary

     

    endowment

     noun
    noun
    NAmE//ɪnˈdaʊmənt//
     
     
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  1. 1[countable, uncountable] money that is given to a school, a college, or another institution to provide it with an income; the act of giving this money
  2. 2[countable, usually plural] (formal) a quality or an ability that you are born with Few people are blessed with her mental endowments.
See the Oxford Advanced Learner's Dictionary entry: endowment

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