endowment

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endowment

A whole bunch of money given by a person to an academic institution, generally to support research
References in periodicals archive ?
ACF protects and invests ACA's endowment and provides leadership in ACA's critical area of financial development.
Bear Stearns provides integrated capital market solutions and related services to pensions, endowments, and foundations.
is an independent Private Wealth Management Firm using a Multi-Client Family Office service model, whose mission is to grow wealth for individuals, families, retirement plans, endowments, foundations and other institutions through the utilization of the Endowment Investment Philosophy(TM).
Al-Ghalib attributed the delay to complicated bureaucratic procedures, the lack of a clear system for the management of endowments, as well as the failure to purchase substitutes for expropriated endowments to benefit the public.
While billions of dollars are socked away in endowments at institutions of higher learning across the nation, most of it is in the hands of a small number of institutions, and nearly all of it stays in some sort of savings investment, regardless of institution.
For endowments with longer to mature, starting a monthly savings plan into a corporate bond or equity fund, such as a unit trust or investment trust, becomes viable.
We have decided to switch our mortgage from endowment linked to repayment.
FOR a free FSA factsheet on endowments call 0845 606 1234.
I am talking now about endowments, which are invested in with profits funds and may need to rely on a terminal bonus to boost the fund at the end.
The ceremony closed a sad chapter of discrimination against gays and lesbians at Dartmouth, marked by the university's refusal to accept openly gay endowments of any kind.
This is because calculations by the watchdog Financial Services Authority show that people with endowments have so far done better than those with repayment mortgages.