Benefit

/ˈbɛnɪfɪt/

Meaning & Definition

noun

An advantage or profit gained from something.

The new policy provides a significant benefit to employees in terms of health insurance.

A payment or gift, typically in the form of money or services, provided to help someone.

She received a benefit from the government to help with her housing costs.

A charitable event held to raise money for a specific cause.

They organized a concert as a benefit for the local animal shelter.

verb

To receive an advantage or profit from something.

Many children benefit from early exposure to music education.

To provide something useful or advantageous to someone.

The new software will greatly benefit our research projects.

Middle English: from Latin 'beneficium', meaning 'a doing good'.

benefit of the doubt

Giving someone the assumption of truth in the absence of complete evidence.

benefit concert

An event organized to raise funds for a specific cause.

cost-benefit analysis

A process of comparing the costs and benefits of an action or decision.

advantage

A condition or circumstance that puts one in a favorable or superior position.

profit

The financial gain, especially the difference between the amount earned and the amount spent.

revenue

The income generated from normal business operations.

Get the hook up

He knows a guy, so he always gets the benefit of free drinks.

Cash cow

This new app is a cash cow for the developers, bringing in huge benefits.