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Definition of benefaction : 1. A benefit conferred; esp. a charitable donation.
2. The act of conferring a benefit.

Synonyms:

largesse, favor, largess, kindliness, care package, surprise, bounty, kindness, gratuity, philanthropy, bequest, settlement, bribe, grant, oblation, handout, legacy, office, charity, beneficence, red packet, give, valentine, boon, freebie, benevolence, subscription, benignity, alms, good turn, kind

endowment, donation, gift, offering, present, contribution

Usage examples:

• But here the benefaction lies only in the difference between the price paid for the work and its actual value. - "The Jewish State", Theodor Herzl Commentator: Louis Lipsky Alex Bein.
• Nevertheless, as a fellow of that College which has just received from an American donor the greatest benefaction for medical research which has ever been made in this country of ours, I may rejoice that the co- operation between our nations is being continued in that warfare against ignorance and disease which some day will become the only warfare waged among men. - "Beowulf An Introduction to the Study of the Poem with a Discussion of the Stories of Offa and Finn", R. W. Chambers.
• In an instant life became an inexpressible benefaction, for it permitted me to realise I was beloved,- and death was dowered with a new horror- the fear that I should cease to know it. - "The-Darrow-Enigma", Severy, Melvin Linwood.