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bursary

noun

  1. monetary award made by any educational institution or funding authority to individuals or groups
L317536 on Wikidata ↗

Wiktionary

Pronunciation: /ˈbɝsɚi/ / /ˈbɝsəɹi/

noun

Etymology: Borrowed from Medieval Latin bursaria, from bursarius.

  1. A monetary award to university students that allows them to continue their studies.
  2. The treasury of a religious order or public institution.