Endowment - Finance

Finance

  • Financial endowment, relating to funds or property donated to institutions or individuals (e.g., college endowment)
  • Endowment mortgage, a mortgage to be repaid by an endowment policy
  • Endowment policy, a type of life insurance policy
  • A synonym for budget constraint, the total funds available for spending

Read more about this topic:  Endowment

Famous quotes containing the word finance:

    There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.
    Jimmy Carter (James Earl Carter, Jr.)

    Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.
    Vladimir Ilyich Lenin (1870–1924)

    A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.
    Christina Stead (1902–1983)