Solutions are homogeneous (single-phase) mixtures of two or more components. They are ex- tremely important in Chemistry because they allow intimate and varied encounters between
DEFINITION of 'Endowment Loan'. A type of mortgage in which the borrower makes only interest payments on the mortgage, while payments that would have gone to repay the principal are instead funneled into an endowment fund. Under an endowment loan, the borrower does not repay the principal until the mortgage expires. type of mortgage in which the borrower makes only interest payments on the mortgage, while payments that would have gone to repay the principal are instead funneled into an endowment fund.
The Permanent Endowment Trust Fund was established in the Arizona Constitution under Article 10, Section 7.The Arizona Constitution requires the Treasurer to deposit and track the proceeds of land sales in the endowment fund according to the grant under which the land was conveyed to the State.he Permanent Endowment Trust Fund was established in the Arizona Constitution under Article 10, Section 7.