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English definition of “endow”

endow

verb [T]     /ɪnˈdaʊ/ SOCIAL RESPONSIBILITY
to give a large amount of money to pay for creating a college, hospital, etc., or to provide an income for it: $1.5 million was donated to endow a university chair in his name.
(Definition of endow verb from the Cambridge Business English Dictionary © Cambridge University Press)
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