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endow

verb [T]
 
 
/ɪnˈdaʊ/

Definition

to give a large amount of money to pay for creating a college, hospital, etc. or to provide an income for it: The state of Michigan has endowed three institutes to do research for industry. This hospital was endowed by the citizens of Strasbourg in the 16th century.Investing money
(Definition of endow verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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