endowment
Definitions
Accounting
- noun the act of giving money to provide a regular income
Economics
- The amount of something that a person or country simply has, rather than their having somehow to acquire it. In the H-O Model of trade theory, endowments refer to primary factors of production, ignoring the fact that some of them - especially capital and skill - are deliberately accumulated.
Health Economics
(written as Endowment)
In economics this usually refers to the bundle of goods and money that each individual is assumed to hold at the beginning of an analysis.
Real Estate
- noun an amount of income or property that has been provided to a person or institution, especially an educational institution
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