Endowment defined as a settled, permanent pecuniary provision for maintenance of institutions, charities, and colleges. Endowment is a term of wide import denoting a settled provision for the ongoing support of persons or institutions. It encompasses funds or permanent ... Summary
Endowment defined as a settled, permanent pecuniary provision for maintenance of institutions, charities, and colleges.
Endowment is a term of wide import denoting a settled provision for the ongoing support of persons or institutions. It encompasses funds or permanent pecuniary provisions established to maintain public institutions, charities, colleges and similar bodies, characterised by permanency and purpose of maintenance.
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