Meaning of the word munificence in English

What does munificence mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

munificence

US /mjuːˈnɪf.ə.səns/
UK /mjuːˈnɪf.ɪ.səns/

Noun

the quality of being very generous with money:

Example:
I thanked them for their munificence.