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What are the different types of endowments?

There are four types of endowments: Unrestricted Endowment – This consists of assets that can be spent, saved, invested, or distributed at the discretion of the institution receiving the gift. Term Endowment – The principal can be expended after a period of time or a certain event. Quasi Endowment – A donation made to serve a specific purpose.

What does endowment mean?

Pick the best ones! Spelling Bee Quiz Can you outdo past winners of the National Spelli... The meaning of ENDOWMENT is the act or process of endowing. How to use endowment in a sentence.

What is an endowment in music?

Or, an endowment might be a natural gift, say of a physical attribute or a talent. If you lack the endowment of musical talent, you could play the tambourine. To endow means "to give or bequeath," and the background of the word endowment goes back to the 15th Century, where it was used to refer to money or property that is given to an institution.

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