charity Meaning in Cambridge Business English Dictionary
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Meaning of "charity" - Business English Dictionary

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charity

noun
 
 
/ˈtʃærɪti/ ( plural charities) SOCIAL RESPONSIBILITY
[C ] an organization that has the purpose of providing money or help to people who need it, or that does something useful for society: Proceeds from the sale of these cards will be given to local charities. It's a charity that supports local arts initiatives. As a charity, the organization does not pay tax.
[U] organizations like this when they are considered as a group: An anonymous businesswoman donated one million dollars to charity. The proceeds of this evening's event will go to charity.
[U] money or help given to people who need it: They were poor, but they were too proud to accept charity.
→  See also not-for-profit organization
(Definition of charity from the Cambridge Business English Dictionary © Cambridge University Press)
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