benefit

A benefit is something that helps you, whether in the form of health insurance provided by an employer, welfare given by the government to those in need, or the benefit of the doubt extended to you by a friend.

The Latin bene- "good" is at the heart of the word benefit, which derives from the Latin benefactum "good deed." When attendance at a party or an event raises money for a charity, the event is referred to as a benefit in that charity's honor.

Definitions of benefit
  1. noun
    something that aids or promotes well-being
    “for the benefit of all”
    synonyms: welfare
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    types:
    advantage, reward
    benefit resulting from some event or action
    interest, sake
    a reason for wanting something done
    behalf
    for someone's benefit (usually expressed as `in behalf' rather than `on behalf' and usually with a possessive)
    type of:
    good, goodness
    that which is pleasing or valuable or useful
  2. noun
    financial assistance in time of need
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    types:
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    stock option
    a benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price
    cost-of-living benefit
    a benefit that goes to anyone whose money receipts increase automatically as prices rise
    death benefit
    insurance or pension money payable to a beneficiary of a deceased
    disability benefit
    insurance benefits paid in case of disability
    sick benefit, sickness benefit
    money paid (by the government) to someone who is too ill to work
    fringe benefit, perk, perquisite
    an incidental benefit awarded for certain types of employment (especially if it is regarded as a right)
    advance death benefit
    a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)
    apanage, appanage
    any customary and rightful perquisite appropriate to your station in life
    backsheesh, baksheesh, bakshis, bakshish, gratuity, pourboire, tip
    a relatively small amount of money given for services rendered (as by a waiter)
    type of:
    payment
    a sum of money paid or a claim discharged
  3. noun
    a performance to raise money for a charitable cause
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    types:
    benefit concert
    a concert given for the benefit of some charitable cause
    type of:
    performance, public presentation
    a dramatic or musical entertainment
  4. verb
    derive a benefit from
    synonyms: gain, profit
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    types:
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    cash in on
    take advantage of or capitalize on
    profiteer
    make an unreasonable profit, as on the sale of difficult to obtain goods
    capitalise, capitalize, take advantage
    draw advantages from
    pyramid
    enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts
    clear, net, sack, sack up
    make as a net profit
    type of:
    acquire, get
    come into the possession of something concrete or abstract
  5. verb
    be beneficial for
    synonyms: do good
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    type of:
    aid, help
    improve the condition of
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