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Roundtable Discussion; The Future of Mineral Sands
Roundtable Discussion; The Future of Mineral SandsView Video

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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With E
  5. Endowment Saving Schemes

Endowment Saving Schemes

Definition of 'Endowment Saving Schemes'

Life assurance schemes with the additional feature of a huge lump sum payment at the end of a period, should the policyholder survive. One important use is for the repayment of house mortgages.

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Related Terms

Saving FunctionCollective Investment Schemes RegulationsEndowment PoliciesFriendly SocietyParadox of ThriftAdded YearsBarber vs Gre (1990)Collective Investment SchemesEmployee Share Ownership PlansPreservation Approach to Merger IntegrationUnit Trusts

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