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We found 2 dictionaries that define the word endowed chair:

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  1. endowed chair: Wiktionary
  2. Endowed chair: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (endowed chair)

noun:  (chiefly US) An endowed faculty position which is supported by the annual payout from a privately funded endowment. The endowment may cover the faculty salary, research and travel stipends or other associated costs and continues in perpetuity.

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