Meaning & Definition of word "Benefit"
Benefit
/ˈbɛnɪfɪt/
noun:
- 1. An advantage or profit gained from something.
- Example: The new policy provides a significant benefit to employees in terms of health insurance.
- 2. A payment or gift, typically in the form of money or services, provided to help someone.
- Example: She received a benefit from the government to help with her housing costs.
- 3. A charitable event held to raise money for a specific cause.
- Example: They organized a concert as a benefit for the local animal shelter.
verb:
- 1. To receive an advantage or profit from something.
- Example: Many children benefit from early exposure to music education.
- 2. To provide something useful or advantageous to someone.
- Example: The new software will greatly benefit our research projects.
Etymology
●Middle English: from Latin 'beneficium', meaning 'a doing good'.
Common Phrases and Expressions
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.
Related Words
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.
Slang Meanings of benefit
Meaning: Get the hook up
● Example Sentence: He knows a guy, so he always gets the benefit of free drinks.
Meaning: Cash cow
● Example Sentence: This new app is a cash cow for the developers, bringing in huge benefits.