the condition of having good health, comfortable living and working conditions etc
prosperity
Cases of word usage
1) (of, holding the views of) a person who works for the welfare of human beings by reducing suffering, reforming laws about punishment etc) (humanitarian)
2) an officer responsible for a ship's accounts and stores, the welfare of passenger etc (purser)
3) generous, unselfish, imaginative, in a way that disregards one's own welfare (quixotic)
4) (an instance of) killing oneself; any act that harms one's interests or welfare (suicide)