Dictionary.net

In Scotland, the allowance paid to a bursar.

The treasury of a college or monastery. In the Scottish universities and college schools, a grant, by competition or presentation, from an endowment for a longer or shorter term to a student, to aid him in the prosecution of his studies.

The treasury of a college or monastery; the sum allowed to a bursar; an exhibition.

n. The treasury of a college or monastery;—a charitable foundation in a university.