endowment UK /ɪnˈdaʊmənt/US /ɛnˈdaʊmənt/ noun4 •Something with which a person or thing is endowed.We must not, in opening our schools to everyone, confuse the idea that all should have equal chance with the notion that all have equal endowments. — 1958 •Property or funds invested for the support and benefit of a person or not-for-profit institution.I seem to see a great university, great in endowment, in land, in buildings, in equipment, but greater still, second to none, in its practical idealism, and its social usefulness. — 1932 •Endowment assurance or pure endowment. •A ceremony designed to prepare participants for their role in the afterlife. formsendowments