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donation

 
 
/dəʊˈneɪʃən/ noun [C or U]

Definition

SOCIAL RESPONSIBILITY something of value such as money or goods that is given to help a person or organization such as a charity, or the act of giving this money, etc.: It is possible to make a donation with conditions attached, for example requiring the funds to be used for a specific purpose. The CEO defended the conglomerate's donations to political candidates. The museum has received a $5 million donation from the Bradley Foundation. Some charitable donations are tax-deductible.
(Definition of donation noun from the Cambridge Business English Dictionary © Cambridge University Press)

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