For business professionals navigating the complex worlds of contracts and legal speak, the term eleemosynary can seem difficult to decipher. However, eleemosynary is a relatively simple concept once its deeper meaning is explored.
Simply Put: Eleemosynary Refers to Charitable Donations
Derived from the 1600s Latin term eleemosynarius, eleemosynary is defined as pertaining to charity or charitable donations. In modern societies, the practice of charity is highly regarded and its importance is widely recognized.
Examples of Eleemosynary Practices at Work Today
Business professionals today can witness the concept of eleemosynary in action within the corporate world. For example, businesses of all kinds often dedicate corporate giving programs and initiatives to help the underserved or support charitable organizations. In addition, many employers offer corporate matched donations, which allow donors to have their charitable contributions to eligible non-profit organizations doubled by the company.
Conclusion: Eleemosynary Is an Ethical Standard of Conduct
Ultimately, eleemosynary is a concept that business professionals should be proud to uphold. Through charitable donations and corporate giving, businesses are able to make social change and create a lasting impact. As such, eleemosynary can be thought of as an ethical standard of conduct — one which business professionals should strive to embrace and uphold.