Endowment: A permanent fund bestowed upon an individual or institution, such as a university, museum, hospital, or foundation, to be used for a specific purpose.

 

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Endowment: A permanent fund bestowed upon an individual or institution, such as a university, museum, hospital, or foundation, to be used for a specific purpose.

Endowment Funds: Many commercial banks and mortgage bankers handle investments for endowment funds. The endowments of hospitals, universities, colleges, charitable foundations and other institutions provide . . . View Full Definition

Endowment Or Trust: A fund that contains assets whose use is restricted only to the income earned by these assets.

Buy Side: Institutional money managers, such as mutual funds, pension funds, and endowments, are the buy side of Wall Street. Buy-side institutions use proprietary research to make investments for the . . . View Full Definition

Intangible Assets: Assets of a non-physical or financial nature. An asset such as a loan or an endowment policy are good examples. See tangible assets .

Institutional Investors: Service that assembles analysts' estimates of future earnings for thousands of publicly traded companies, detailing how many estimates are available for each company and the high, low, and a . . . View Full Definition

Money Manager: Registered money managers are paid professionals who are responsible for handling the securities portfolios they oversee in the best interest of the institutions or individuals for whom they . . . View Full Definition

Mortgage Protection: Term assurance to cover the repayment of a mortgage in the event of the death of the mortgagor during the period of the loan.In the case of a repayment mortgage the capital sum outstanding i . . . View Full Definition

Institutional Investor: Institutional investors buy and sell securities in large volume, typically 10,000 or more shares of stock, or bonds worth $200,000 or more, in a single transaction. In most cases, the invest . . . View Full Definition