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English
endowment
ɪnˈdaʊmənt, ɛnˈdaʊmənt, ɪnˈdaʊ.mənt
Meaning: a gift of money given to an institution to provide an income
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Example
The university received a large endowment to fund its new research center.
The university received a large endowment to fund its new research center.
Usage Notes
Commonly refers to financial support for universities, hospitals, or charities.
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