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(1,122 words)

Author(s): Weiler, Ingomar (Graz) | Weiler, Gabriele
[German version] I. Definition and historical Development In antiquity, endowments were private donations for specific and perpetual purposes, often repeated at set intervals:  sacrifices, banquets, games (  ludi ), monetary payments to a specified group of people, or commemorative rites ( Dead, cult of the). They were based on single transfers of property; whose yields were then used to finance the purpose of the endowment (Pliny [2]: CIL V 5262 = ILS 2927), such as e.g. the transfer of a piece of la…