benefit[ben′ə fit, -fət]
- The definition of a benefit is something that will provide an advantage for others, something you may receive as compensation from an insurance company or an event to raise money for a worthwhile cause.
- An example of a benefit is the action of creating a community playground.
- An example of a benefit is the payment you receive from the insurance company if your house burns down.
- An example of a benefit is a dinner intended to raise money for the Susan G. Komen foundation.
- To benefit is defined as to be helpful to others, or to receive help from others.
An example of benefit is to make a donation to the community's volunteer fire department.An example of benefit is to receive help after a serious illness.
- Archaic a kindly, charitable act; benefaction
- gain or advantage: tax legislation for the benefit of the rich
- a favorable or beneficial circumstance, condition, or result: several benefits to good nutrition
- fringe benefit
- payments made by an insurance company, public agency, welfare society, etc. as during sickness, retirement, unemployment, etc. or for death
- any public performance, bazaar, dance, etc. the proceeds of which are to help a certain person, group, or cause
Origin of benefitMiddle English benefet ; from Old French bienfait, a kindness ; from Classical Latin benefactum, meritorious act ; from benefacere: see benefaction
- a. Something that promotes or enhances well-being; an advantage: The nurse explained the benefits of regular exercise.b. Help; aid: The field trip was of great benefit to the students.
- a. A payment made by a government agency or insurance company to qualifying persons in time of need: an increase in welfare benefits.b. A form of compensation, such as paid vacation time, subsidized health insurance, or a pension, provided to employees in addition to wages or salary as part of an employment arrangement. Also called fringe benefit.
- A public entertainment, performance, or social event held to raise funds for a person or cause.
- Archaic A kindly deed.
verbben·e·fit·ed, ben·e·fit·ing, ben·e·fits also ben·e·fit·ted or ben·e·fit·ting
Origin of benefitMiddle English, from Old French bienfait, good deed, from Latin benefactum, from benefacere, to do a service; see benefaction.
(third-person singular simple present benefits, present participle benefiting or benefitting, simple past and past participle benefited or benefitted)
- To be or to provide a benefit to.
- (intransitive) To receive a benefit (from); to be a beneficiary.
- Benefiting and benefited are more common, with benefitting and benefitted being a minor variant especially in the US.
From Late Middle English benefytt, benefett, alteration (due to Latin bene-) of Middle English benfet, bienfet, bienfait (“good or noble deed”), from Anglo-Norman benfet (“well-done”), Middle French bienfait, from Old French bienfet, bienfait (“foredeal, favour”), from past participle of Old French bienfaire (“to do good, do well”), from bien (“well”) + faire (“to do”), modelled after Latin benefactum (“good deed”). More at benefactor.
benefit - Legal Definition