endowment

/ɛnˈdaʊmənt/

noun

  1. 1

    Something with which a person or thing is endowed.

  2. 2

    Property or funds invested for the support and benefit of a person or not-for-profit institution.

  3. 3

    Endowment assurance or pure endowment.

  4. 4

    A ceremony designed to prepare participants for their role in the afterlife.

Synonyms

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