Endowment policy; a life assurance policy designed to build a capital sum at a pre-determined date.
A financial endowment is a transfer of money or property donated to an institution, with the stipulation that it be invested, and the principal remain intact. ... An endowment is a payment of the face value of a life insurance policy, usually at age 98-120. ... An endowment mortgage is a mortgage arranged on an interest-only basis where the capital is intended to be repaid by one or more endowment policies. ... An endowment policy is a life assurance contract designed to pay a lump sum after a specified term. ...
This is a disambiguation page: a list of articles associated with the same title. If an internal link referred you to this page, you may wish to change the link to point directly to the intended article.
A financial endowment is a transfer of money or property donated to an institution, with the stipulation that it be invested, and the principal remain intact.
At universities, typically 5% of the endowment's assets are spent every year, with any excess earnings reinvested to augment the endowment and to compensate for inflation and recessions in future years.
A constantly growing endowment shields universities from competitive forces – As the endowment’s reinvestment starts becoming a larger part of its growth, the need for happy students and alumni to donate funds to the university’s budget and endowment are reduced.
Feeds |
Contact