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endowment — en·dow·ment n 1: the act or process of endowing 2: a result or product of endowing: as a: the income of an institution derived from donations the university s ability to attract endowment b: the property (as a fund) donated to an institution or… … Law dictionary
Endowment selling — is the practice in the United Kingdom of selling an endowment policy to a third party. This is often an attempt to gain more money than the value given when surrendering the policy to the original life assurance company.BackgroundWith profits… … Wikipedia
Endowment — • A property, fund, or revenue permanently appropriated for the support of any person, institution, or object, as a student, professorship, school, hospital Catholic Encyclopedia. Kevin Knight. 2006. Endowment Endowment … Catholic encyclopedia
Endowment — may refer to many things:Finance*Financial endowment; relating to funds or property donated to institutions or individuals *Endowment (Life insurance); payment of the face value of a life insurance policy, usually at age 98 120 *Endowment… … Wikipedia
endowment mortgage — noun A form of mortgage in which the capital sum is repaid by the eventual proceeds from endowment assurance • • • Main Entry: ↑endow * * * endowment mortgage UK US noun [countable] [singular endowment mortgage … Useful english dictionary
endowment assurance — ➔ assurance * * * endowment assurance UK US noun [C] INSURANCE ► an ENDOWMENT(Cf. ↑endowment): »I do not wish to take out any policies or endowment assurances … Financial and business terms
Endowment tax — is taxation of endowments. The city of Cambridge, Massachusetts, has proposed taxing MIT on these previously exempt, non profit earnings. [cite web last = He first = Ray C. title = Cambridge Seeks to Tax Earnings on Endowment work = Volume 125,… … Wikipedia
endowment mortgage — ➔ mortgage1 * * * endowment mortgage UK US noun [C] UK PROPERTY, BANKING ► a mortgage (= a loan to buy a house) on which you pay only the interest, and also have an endowment (= insurance policy) that is intended to provide the money to pay back… … Financial and business terms
Endowment (philosophy) — Endowment (in philosophy) refers to the innate capacities of an individual, group, or institution. An individual s natural endowment can be abilities, such as intelligence or strength, given at birth. An individual s social endowment can be… … Wikipedia
endowment insurance — n: life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy s term (as 20 years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endowment insurance … Law dictionary
endowment policy — UK US noun [countable] [singular endowment policy plural endowment policies] a type of insurance policy that you pay money to for an agreed period. At the end of this time, the money that you have invested is used for paying a large amount of… … Useful english dictionary