2 example sentences using benefaction.
Benefaction used in a sentence
Benefaction in a sentence as a noun
This hints at one of the ways that public goods get provided: through subsidy by benefactors, who will capture some but not all of the value created by their benefaction. A wealthy person may so enjoy seeing the opera that they will donate heavily to the local opera house.
Proper Noun Examples for Benefaction
These are usually solved either with compulsion, such as taxes, subsidy or command-and-control; or they are solved by benefaction. Benefaction is what we have, as a rule.
Benefaction definitions
noun
a contribution of money or assistance
noun
an act intending or showing kindness and good will
See also: benevolence