Etymology:
The term "endowment" comes from the Middle English word "endowement," which in turn derives from the Old French word "endoement," meaning "to endow." The word traces its ultimate roots to the Latin word "dotare," meaning "to give a dowry."
Meaning:
An endowment is a financial asset or property that is permanently set aside for a specific purpose or organization. It typically generates income from investments or other sources, which is then used to support the designated purpose.
Origin:
The concept of endowments originated in medieval Europe, where wealthy individuals often donated land or other assets to religious institutions or educational facilities. These endowments were intended to provide ongoing financial support for the institutions and their activities.
Over time, the practice of making endowments spread to other areas, including education, healthcare, scientific research, the arts, and social welfare. Today, endowments are a common way to ensure financial stability and long-term sustainability for non-profit organizations and charitable causes.
Etymology Middle English endowen endowe from Anglo Norman French endower endouer e
Etymology The word endowed derives from the Middle English word endowen meaning to
Etymology of Amazement The word amazement has its roots in Old French derived from t
Etymology The word betterment is derived from the Old English betrian meaning to ma
Etymology Middle English mirthe from Old English myrþ Cognates with other Germanic la
Etymology The word gift comes from the Old English word gift meaning a giving or
Etymology The word talent has two distinct etymologies Greek τάλαντον Mea
Etymology From Latin perfectionem state of being complete finished or flawless
Etymology of Investment The word investment derives from the Old French term investi
Etymology The word college originates from the Latin word collegium meaning a group
Etymology Latin fundatio meaning foundation From the verb fundare meaning to
Etymology Old French flaire from Latin fragrare smell Meaning A keen sense
Etymology Middle English fraile from Anglo Norman French fraile Old French frele ul
Etymology Latin caput head Proto Indo European keput head Meaning Prim
Etymology The word bent has Old English origins It comes from the Old English word be
