Meaning of “philanthropic” in the English Dictionary

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"philanthropic" in Business English

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philanthropicadjective

uk /ˌfɪlənˈθrɒpɪk/ us SOCIAL RESPONSIBILITY

giving money to help people who are poor or sick, or to pay for things such as museums or schools that are good for society:

He is known for his philanthropic work for children in Africa.

(Definition of “philanthropic” from the Cambridge Business English Dictionary © Cambridge University Press)