Meaning of Endowment

Endowment

Language - English

Tamil Word - நிலையான கட்டளை

A gift of money or property to a person or institution, typically for a specific purpose or cause. (e.g., The temple received a generous endowment from a wealthy philanthropist.) In the context of Tamil Nadu real estate and historical land documents, 'Endowment' could refer to land or property donated to religious institutions, charitable organizations, or educational institutions for their upkeep and support. These endowments often played a significant role in the development and maintenance of such institutions in the past.