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benefit society

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noun
  1. an association of persons to create a fund, either by dues or assessments, for the assistance of members and their families in case of sickness, death, etc.

Origin of benefit society

First recorded in 1835–45
Also called benefit association.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for benefit society

benefit society

noun
  1. a US term for friendly society
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012