Endowment
Legal definition for Indian law research
Definition
endowment
1 : the act or process of endowing
2 : a result or product of endowing: as
a : the income of an institution derived from donations [the university's ability to attract ]
b : the property (as a fund) donated to an institution or organization that is invested and producing income [an to maintain the gallery]
3 : an endowed organization or institution
: foundation [chairwoman of the state's arts ]
4 : endowment insurance
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.