benefit corporation
noun
US law
: a for-profit corporation whose purpose is to provide a benefit to society (as improving the environment or good health) in addition to making a profit for shareholders
called also B corporation
Cite this Entry
“Benefit corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/benefit%20corporation. Accessed 6 Nov. 2025.
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Merriam-Webster unabridged
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