diff --git a/2026/endowment-breakdown/data/definitions.json b/2026/endowment-breakdown/data/definitions.json
index ea5b9dda..c82311ca 100644
--- a/2026/endowment-breakdown/data/definitions.json
+++ b/2026/endowment-breakdown/data/definitions.json
@@ -1,5 +1,5 @@
 {
-    "Public equities (stocks)": "<b><a href=\"https://www.investopedia.com/ask/answers/071515/what-difference-between-equity-market-and-stock-market.asp\">Public equities (stocks)</a></b>: Public equities are any share in a    <br>    company bought and sold through a public stock exchange. An “equity    <br>    interest” and a “share of stock” are mostly synonymous. Purchasers    <br>    make profit from a stock through the direct increase of its price and    <br>    also sometimes via dividends, which are the payouts from the company’s    <br>    profits. In the UChicago financial statement, this includes the    <br>    “global public equities” category.",
+    "Public equities": "<b><a href=\"https://www.investopedia.com/ask/answers/071515/what-difference-between-equity-market-and-stock-market.asp\">Public equities (stocks)</a></b>: Public equities are any share in a    <br>    company bought and sold through a public stock exchange. An “equity    <br>    interest” and a “share of stock” are mostly synonymous. Purchasers    <br>    make profit from a stock through the direct increase of its price and    <br>    also sometimes via dividends, which are the payouts from the company’s    <br>    profits. In the UChicago financial statement, this includes the    <br>    “global public equities” category.",
     "Private equities": "<b><a href=\"https://www.investopedia.com/articles/investing/030415/difference-between-private-and-public-equity.asp\">Private equities</a></b>: In contrast to public equities, private    <br>    equities are shares in a company that are sold outside of public stock    <br>    exchanges. Benefits to private investing include less regulatory    <br>    scrutiny and the possibility of greater returns; drawbacks include    <br>    higher risk. In the UChicago financial statement, this includes the    <br>    categories: “private equity,” “real estate,” and “real assets.”",
     "Bonds": "<b><a href=\"https://www.investopedia.com/terms/b/bond.asp\">Bonds</a></b>: Bonds are essentially loans from individuals to    <br>    governments or companies, often for the purpose of financing large    <br>    projects. The bond issuer will then return the loan with a fixed    <br>    interest rate, giving rise to the term “fixed income.” In the UChicago    <br>    financial statement, this includes the “fixed income” category.",
     "Hedge funds": "<b><a href=\"https://www.investopedia.com/terms/h/hedgefund.asp\">Hedge funds</a></b>: An investment firm may aggregate money from many    <br>    investors and invest it in any combination of public or private    <br>    equities, bonds, and other assets using relatively risky strategies.    <br>    This pooled fund is called a hedge fund. In the UChicago financial    <br>    statement, this includes the “equity oriented,” and “diversifying”    <br>    categories.",