noun
well-being; welfare; benefits and happiness
Refers to a state of material and spiritual well-being, often used in formal or philosophical contexts. Not an everyday word; 福祉 (ふくし) is more common for social welfare.
この政策は国民の利福を増進することを目的としている。
This policy aims to promote the well-being of the people.
利福を追求することは、人間の基本的な権利である。
Pursuing well-being is a fundamental human right.
Compound of 利 (り, 'benefit, profit') and 福 (ふく, 'fortune, happiness'). The exact historical derivation is uncertain, but the combination conveys the idea of benefit leading to happiness.