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Meaning of endowment effect | Babel Free

Noun CEFR B2

Definitions

The tendency of people to retain an object they own rather than acquire that same object when they do not own it.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

endowment mortgage endowment policy endowment-linked mortgage Endowments Endows endoxa

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