Refers to a sum of money provided by a government or organization, often under a social security or welfare program. Commonly used in administrative and news contexts.
The government provided benefits to low-income households.
この給付金は申請が必要です。
You need to apply for this allowance.
給付金 is a broader term for any benefit payment (from government, pensions, or insurance), while 保険金 specifically refers to money paid out by an insurance policy.
奨学金 refers specifically to financial aid for students, while 給付金 is a broader term for any money granted by the government or an organization without repayment.
fixed-amount cash handout; government cash payment
death benefit
sustainability subsidy; COVID-19 business subsidy
basic child care leave benefit
Compound of 給付 (kyūfu, 'provision, grant') and 金 (kin, 'money'). The term is a modern administrative coinage.