bursary
- noun
- /ˈbɜr.sə.ri/
- UK
- Each college has a bursary responsible for maintaining its funds and accounts.
Examples
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The monastery's bursary managed all financial contributions from the congregation.
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During his tenure, the head of the bursary brought about numerous financial reforms.
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The bursary manages all financial transactions.
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The church's bursary provides support for community projects.
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The bursary is responsible for managing the institution's funds and financial records.
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Students often visit the bursary to inquire about their tuition fees and payment plans.
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After the meeting, the committee decided to allocate more resources to the bursary for transparency.
Surface Forms
Morphology
Etymology
Bursary comes from the Latin word bursa, which means 'bag' or 'purse', so it was used for the place that held an institution's money. That's why a bursary can mean the financial office or treasury of a college or monastery.