benefit corporation

noun

A kind of corporate entity that seeks to have a positive impact on society and environment in addition to making profit.

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Meanings

nounbenefit corporation (plural benefit corporations)

plural benefit corporations

  1. USA kind of corporate entity that seeks to have a positive impact on society and environment in addition to making profit.
Cite this entry
APA

benefit corporation. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/benefit%20corporation

MLA

“benefit corporation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/benefit%20corporation. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “benefit corporation,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/benefit%20corporation.

Source: benefit corporation on Wiktionary, CC BY-SA 4.0.