What is the meaning of the word "yale university"?

Definitions:

  1. A prestigious Ivy League research university located in New Haven, Connecticut. copy to clipboard NOUN
    • Yale University's faculty includes renowned scholars in various fields, including medicine, law and economics. copy to clipboard
  2. A well-equipped university in New Haven, Connecticut, U.S. founded in 1701, which derives its name from Elihu Yale, who donated goods, books, and a portrait to the school in 1718. copy to clipboard NOUN
    • Yale University is known for its exceptional academic programs, historic campus, and influential alumni network. copy to clipboard
  3. The third-oldest institution of higher education in the United States. copy to clipboard NOUN
    • Yale University is committed to academic excellence and research innovations. copy to clipboard