What does endowment mean?

Looking for the meaning or definition of the word endowment? Here's what it means.

Noun Something with which a person or thing is endowed. Property or funds invested for the support and benefit of a person or not-for-profit institution. A form of life insurance paying a lump sum to the policyholder on a fixed date, or to the estate if the policyholder dies before that date. Find more words! 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Nor will you investigate remortgaging your property, nor do anything about that costly endowment. However, very few if any endowment policies have matched the interest rate being charged on debt and bonds. But what if you wanted to sell your house before the endowment policy was fully vested? Finally, anyone who feels they received a very raw deal by being sold the endowment in the first place may be able to claim compensation. It relates to one of my three endowment policies, which at maturity in seven years time will not be sufficient to repay my mortgage loan. See Also What is another word for endowment? What is the opposite of endowment? Sentences with the word endowment Words that rhyme with endowment What is the plural of endowment? What is the adjective for endowment? What is the noun for endowment? Translations for endowment Nearby Definitions endowing endoweth endowest endowers endowering endowered endowment-linked mortgage endowment-linked mortgages endowment policies endowment policy endowment-policy endowments 9-letter Words Starting With e en end endo endow endowm endowme endowmen