endowment

endowment
noun
FINANCE (action, fund) dotation f
endowment fund fonds m de dotation;
endowment insurance assurance f en cas de vie ou à dotation;
endowment mortgage prêt-logement m lié à une assurance-vie;
endowment policy assurance en cas de vie ou à dotation

The endowment mortgage crisis has escalated in the past year with three in five borrowers now told their investment policy will not pay off their home loan. Figures to be published this week by the Association of British Insurers will show that life assurers have issued "red" or "amber" warning letters to 60 per cent of endowment mortgage holders telling them to save more. If borrowers do not take action they are likely to face shortfalls of thousands of pounds when their mortgage comes to an end and the endowment is not enough to pay off the loan.


English-French business dictionary. 2013.

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  • endowment — en·dow·ment n 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 endowment b: the property (as a fund) donated to an institution or… …   Law dictionary

  • Endowment — • A property, fund, or revenue permanently appropriated for the support of any person, institution, or object, as a student, professorship, school, hospital Catholic Encyclopedia. Kevin Knight. 2006. Endowment     Endowment …   Catholic encyclopedia

  • Endowment — may refer to many things:Finance*Financial endowment; relating to funds or property donated to institutions or individuals *Endowment (Life insurance); payment of the face value of a life insurance policy, usually at age 98 120 *Endowment… …   Wikipedia

  • Endowment — En*dow ment, n. 1. The act of bestowing a dower, fund, or permanent provision for support. [1913 Webster] 2. That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as,… …   The Collaborative International Dictionary of English

  • endowment — [n1] large gift award, benefaction, benefit, bequest, bestowal, boon, bounty, dispensation, donation, fund, funding, gifting, grant, gratuity, income, inheritance, largess, legacy, nest egg, pension, presentation, property, provision, revenue,… …   New thesaurus

  • endowment — mid 15c., “action of endowing,” from ENDOW (Cf. endow) + MENT (Cf. ment). Meaning “property with which an institution or person is endowed” is from 1590s; that of “gift, power, advantage” is early 17c …   Etymology dictionary

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  • endowment — [[t]ɪnda͟ʊmənt[/t]] endowments 1) N COUNT An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income. The company revived the finances of the Oxford Union with a generous ₤1m endowment …   English dictionary

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