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Endowment is essentially an amount that is left for an heir as an inheritance after one's passing. I could be wrong, I didn't look this one up but it is something that you are entitled to without any sort of specific action, just that you have been designated the owner after death.

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Q: What is the meaning of the word endowment?
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Related questions

What does HE mean after a persons name on a deed?

Home endowment, meaning you own it now.


How does one cash an endowment?

One can cash an endowment in a number of ways. One can cash an endowment by surrendering it to the endowment issuing company or one can sell an endowment to an endowment policy trader.


Two words with the base word endow?

Two words with the base word endow are endowment and unendow.


What two words have the base word endow?

Endowing and endowment are two words with the base word "endow."


What is a synonym for the word talent?

ability, gift capacity, endowment, flair, bent, genius


What are Endowment policies?

endowment are for student that are not here legal endowment are for student that are not here legal


What is the latin word for gift as in gifted people?

The closest Latin word to gift, as in a special ability or endowment, is the word "dos." It can refer to talent or quality, as opposed to a gift such as you give at Christmas. The closest translation for "gifted", in the sense it is being used in the question, is "praeditos," which means notable or endowed.


When was The Duke Endowment created?

The Duke Endowment was created in 1924.


When was Lilly Endowment created?

Lilly Endowment was created in 1937.


When was Endowment House created?

Endowment House was created in 1855.


What is the meaning of life insurance endowment?

An endowment policy is a type of life insurance that pays a lump sum either at a fixed date or on the death of the policy holder. Typically such policies are unit linked or with profit. This means that the policies are linked to the stock market and move up and down in value with it. Endowment policies can be traded in before their expiry in a process called surrendering the policy.


Where can you find more information pertaining to endowment?

It depends on what sort of endowment you mean. There is plenty of information out there on financial endowments, or donations - any nonprofit website can give you more information about that. Other meanings of endowment pertain to an LDS temple ceremony (the temple endowment), or to the philosophical term "endowment."