👉 In the context of economics, an endowment is a measure of the value or worth of a particular asset or financial instrument at any given time. It refers to the sum of all present value (PV) and future value (FV) payments made on that asset over its expected life. The term "endowment" implies that the value of the asset is not yet realized, but rather it has a higher potential for growth in value based on future cash flows.
