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Longman Dictionary of Contemporary English
endowment
noun
COLLOCATIONS FROM OTHER ENTRIES
endowment policy
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
genetic
▪ The basic similarity between cells refers not only to their general plan but also to their genetic endowment.
▪ The offspring, however, are slightly different from one another in genetic endowment.
▪ This set of preoccupations led the ethologists to assume a more complex and extensive set of genetic endowments underlying behaviour.
natural
▪ A number of variations were seen in terms of population size, natural resource endowment, and current levels of development. 3.
▪ The state of California includes among its natural endowments an unusual variety of valuable marine mammals.
▪ The more technically advanced agriculture becomes, the smaller is its dependency on natural endowments.
▪ His natural endowment consists of a particular range of capacities: physical strength, mobility, vision, hearing, intellect and so forth.
▪ A natural endowment approach to equity would direct policy towards the gifted, who are better able to benefit from the policy.
■ NOUN
factor
▪ This will presumably happen if countries are sufficiently similar in relative factor endowments and if economies of scale are sufficiently important.
▪ Obviously in such a case predicting trade from factor endowments will be much more complex than in our simpler cases.
▪ In particular, we will relate the share of intraindustry trade to cross-country differences in relative factor endowments and relative country size.
▪ In between these extremes the intraindustry share is increasing in similarity of relative factor endowments, and it depends on country size.
▪ The curves in the figure describe combinations of factor endowments at which the share of intraindustry trade is constant.
▪ Since all countries will face the same implicit prices, differences in relative production can be predicted from factor endowments.
▪ The alternative case where free entry restores standard comparative advantage is when factor endowments are sufficiently similar to permit factor price equalization.
▪ The reason is that the distribution of imperfectly competitive firms across countries can now shift to accommodate differences in factor endowments.
fund
▪ The money would be used to set up endowment funds for individual universities.
▪ Deficits questioned Kaplan also objects to endowment funds being used to cover operating deficits.
▪ The endowment fund for such masses was enormous and in the thirteenth century some system of regulation was required.
▪ The rest will be made up by endowment funds, grants, government subsidies and ... by Elie Borowski.
mortgage
▪ Loan secured by endowment mortgage, minimum age 20 years.
▪ The Bristol &038; West have now gone one better than the standard endowment mortgage.
▪ And the Financial Ombudsman Service this week published a briefing note for firms handling endowment mortgage complaints.
▪ I know that's the general idea of an endowment mortgage.
▪ Pension Mortgage Similar to an endowment mortgage in that you pay interest only to the lender.
policy
▪ Popular options are repayment linked to either an endowment policy or a pension plan.
▪ So this week we highlight the key elements of a typical mortgage endowment policy statement.
▪ By comparison, an Equitable Life 10-year endowment policy, with monthly premiums of £30, would have produced about £8,399.
▪ Each year the authoritative magazine Money Management evaluates with-profits endowment policies taken out 10, 15 and 25 years ago.
▪ This may, for instance, be in the form of an endowment policy or a mortgage payment protection plan.
▪ The other method is to take out an endowment policy in both names.
▪ Sales of traditional industrial life insurance policies plunged by half, but there has been a growth in endowment policies.
■ VERB
sell
▪ He had an interesting collection of nineteenth-century pictures and a house in Richmond which he sold to provide the endowment.
▪ In the late Eighties and early Nineties four out of five mortgages sold were of the endowment variety.
▪ It's not just that he makes more commission by selling you an endowment rather than a repayment mortgage.
take
▪ The other method is to take out an endowment policy in both names.
▪ She's my only daughter and I took out an endowment for her at birth in preparation for this.
▪ One way of doing this is by taking a unit-linked endowment.
▪ You can take your endowment loan with you when you move, topping up the policy to cover the extra amount.
EXAMPLES FROM OTHER ENTRIES
▪ the island's natural endowments of white sandy beaches and clean water
EXAMPLES FROM CORPUS
▪ A Taking out an endowment on a joint mortgage can be done in one of two ways.
▪ He left money for the poor and the sick, and an endowment of £20 a year for Bridgnorth School.
▪ In between these extremes the intraindustry share is increasing in similarity of relative factor endowments, and it depends on country size.
▪ In particular, we will relate the share of intraindustry trade to cross-country differences in relative factor endowments and relative country size.
▪ It came with no endowment to meet the cost of conversion.
▪ The state of California includes among its natural endowments an unusual variety of valuable marine mammals.
▪ This will presumably happen if countries are sufficiently similar in relative factor endowments and if economies of scale are sufficiently important.
The Collaborative International Dictionary
Endowment

Endowment \En*dow"ment\, n.

  1. The act of bestowing a dower, fund, or permanent provision for support.

  2. That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as, the endowment of a church, a hospital, or a college.

  3. That which is given or bestowed upon the person or mind; gift of nature; accomplishment; natural capacity; talents; -- usually in the plural.

    His early endowments had fitted him for the work he was to do.
    --I. Taylor. [1913 Webster] ||

Douglas Harper's Etymology Dictionary
endowment

mid-15c., "action of endowing," from endow + -ment. Meaning "property with which an institution or person is endowed" is from 1590s; that of "gift, power, advantage" is early 17c.

Wiktionary
endowment

n. 1 Something with which a person or thing is endowed. 2 Property or funds invested for the support and benefit of a person or not-for-profit institution.

WordNet
endowment
  1. n. natural qualities or talents [syn: gift, talent, natural endowment]

  2. the capital that provides income for an institution [syn: endowment fund]

  3. the act of endowing with a permanent source of income; "his generous endowment of the laboratory came just in the nick of time"

Wikipedia
Endowment (Mormonism)

In Mormonism, the endowment is an ordinance (ceremony) designed to prepare participants to become kings, queens, priests, and priestesses in the afterlife. As part of the ceremony, participants take part in a scripted reenactment of the Biblical creation and fall of Adam and Eve. The ceremony includes a symbolic washing and anointing, and receipt of a "new name" which they are not to reveal to others except at a certain part in the ceremony, and the receipt of the temple garment, which Mormons then are expected to wear under their clothing day and night throughout their life. Participants are taught highly symbolic gestures and passwords considered necessary to pass by angels guarding the way to heaven, and are instructed not to reveal them to others. As practiced today in The Church of Jesus Christ of Latter-day Saints (LDS Church), the endowment also consists of a series of covenants (promises to God) which participants make, such as a covenant of consecration to the LDS Church. All Latter-day Saints who choose to serve as missionaries for the LDS Church or who choose to contract a celestial marriage in an LDS Church temple must first complete the endowment ceremony.

The endowment was instituted by founder Joseph Smith in the 1840s with further contributions by Brigham Young and his successors. The ceremony is performed in Latter Day Saints' temples, special places dedicated specifically for the endowment and certain other rituals sacred to Mormons, and is closed to all but worthy Mormons. There was a brief period during the construction of the Salt Lake Temple where a small building referred to as the Endowment House was used to perform the ritual. The endowment is currently practiced by the LDS Church, several denominations of Mormon fundamentalism, and a few other Mormon denominations. The LDS Church has simplified its ceremony from the way it existed in the 19th century and has removed some of the more controversial elements.

A distinct endowment ceremony was also performed in the 1830s in the Kirtland Temple, the first temple of the broader Latter Day Saint movement, which includes non-Mormon faiths such as the Community of Christ. The term " endowment" has various meanings historically, and within the other branches of that movement.

The prevalence of LDS members who undergo the endowment ceremony is difficult to determine. However, estimates show that less than half of converts to the LDS Church ultimately undergo the endowment ceremony, and young people preparing for missions account for about one-third of "live" endowments (as contrasted with proxy endowments for the deceased).

Endowment (philosophy)

Endowment (in philosophy) refers to the innate capacities of an individual, group, or institution. An individual's "natural endowment" can be abilities, such as intelligence or strength, given at birth. An individual's "social endowment" can be abilities attributed to the individual's position within a social hierarchy.

According to Stephen R. Covey, author of The Seven Habits of Highly Effective People, there are seven human endowments. They are listed below.

Endowment

Endowment may refer to many things:

Endowment (Latter Day Saints)

In the theology of the Latter Day Saint movement, an endowment refers to a gift of "power from on high", typically associated with Latter Day Saint temples. The purpose and meaning of the endowment varied during the life of movement founder Joseph Smith. The term has referred to many such gifts of heavenly power, including the confirmation ritual, the institution of the High Priesthood in 1831, events and rituals occurring in the Kirtland Temple in the mid-1830s, and an elaborate ritual performed in the Nauvoo Temple in the 1840s.

The term endowment has the most significance to adherents of the Latter Day Saint branch known as Mormonism, including most prominently The Church of Jesus Christ of Latter-day Saints (LDS Church), which practices a form of the Nauvoo endowment. The Nauvoo endowment ceremony, introduced by Joseph Smith and codified by Mormon leader Brigham Young, consisted of symbolic acts and covenants designed to prepare participants to officiate in priesthood ordinances, and to give them the key words and tokens they need to pass by angels guarding the way to heaven. In the LDS Church's modern practices, the endowment ceremony directs new participants to take a number of solemn oaths or covenants such as an oath of consecration to the LDS Church. Also in the LDS Church's modern practices, completing the endowment ceremony is a prerequisite to both full-time missionary service and temple marriage. In order to enter a temple and participate in the endowment ceremony, church members must hold a current temple recommend.

Usage examples of "endowment".

I shall exercise my skill in dentistry for trifling rewards, and you, my young Aesculapius, will prove to others, as you have already proved to me, that the strong wrist and willing arm are not lacking among your personal endowments.

The abbey was funded with an endowment that totaled in the millions of euros, funds long ago acquired and religiously maintained so as to ensure that the Order would never suffer financially.

Awards, the John Simon Guggenheim Foundation, the National Endowment for the Arts, the Deutscher Akademischer Austauschdienst, the American Academy in Berlin, the MacDowell Colony, Yaddo, Helen Papanikolas, and Milton Karafilis, for their help and support.

He has won the National Jewish Book Award and has held Woodrow Wilson, National Endowment for the Arts, James Merrill, and Guggenheim fellowships.

We have been informed, sir, that there is an annual rent charged on the land of Hautbois, for the endowment and repair of an almshouse.

The manorial farm of Hautbois, now occupied by Farmer Seedling, is charged with the endowment and maintenance of an almshouse.

Chapter VIII Hybridism Distinction between the sterility of first crosses and of hybrids -- Sterility various in degree, not universal, affected by close interbreeding, removed by domestication -- Laws governing the sterility of hybrids -- Sterility not a special endowment, but incidental on other differences -- Causes of the sterility of first crosses and of hybrids -- Parallelism between the effects of changed conditions of life and crossing -- Fertility of varieties when crossed and of their mongrel offspring not universal -- Hybrids and mongrels compared independently of their fertility -- Summary.

The general fertility of varieties does not seem to me sufficient to overthrow the view which I have taken with respect to the very general, but not invariable, sterility of first crosses and of hybrids, namely, that it is not a special endowment, but is incidental on slowly acquired modifications, more especially in the reproductive systems of the forms which are crossed.

It will mean the penalization of real worth and the endowment of inferiority and incompetence.

The kitchen staff could well do with some thinning out and since so much of the ethos of Porterhouse emanated from the kitchen and the endowments lavished upon it by generations of Porterhouse men, a careful campaign of retrenchment there would do much to alter the character of the College.

The richest dynasties of the aristocracy had all stood near the summit of the Tsarist state during its great territorial expansion between the sixteenth and the eighteenth centuries and had consequently been rewarded with lavish endowments of fertile land in the south of Russia and Ukraine.

With respect to the almost universal sterility of species when first crossed, which forms so remarkable a contrast with the almost universal fertility of varieties when crossed, I must refer the reader to the recapitulation of the facts given at the end of the eighth chapter, which seem to me conclusively to show that this sterility is no more a special endowment than is the incapacity of two trees to be grafted together, but that it is incidental on constitutional differences in the reproductive systems of the intercrossed species.

Ambroise, who had great mental endowments and a real genius for commerce.

That which she had chosen for her oldest child, the young poet, was either a remarkable prophecy, or it had brought with it the endowments it promised.

That he was a man of extraordinary endowments and deep spiritual nature was not questioned, nor that be was a most acute reasoner, who could unfold a proposition into its consequences as patiently, as convincingly, as a palaeontologist extorts its confession from a fossil fragment.