1. Well-being in any respect; prosperity.

general welfare. The public’s health, peace, morals, and safety.

public welfare. A society’s well-being in matters of health, safety, order, morality, economics, and politics.

2. A system of social insurance providing assistance to those who are financially in need, as by providing food stamps and family allowances.

¡ª Also termed (historically) poor relief. [Cases: Agriculture 2.6; Social Security and Public Welfare

4. C.J.S. Agriculture ¡ì¡ì 27¨C29; Social Security and Public Welfare¡ì¡ì 6, 10, 17.]

corporate welfare. Governmental financial assistance given to a large company, usu. in the form of a subsidy.

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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.