benefit

benefit
benefit [ben′ə fit, ben′əfət]
n.
[ME benefet < OFr bienfait, a kindness < L benefactum, meritorious act < benefacere: see BENEFACTION]
1. Archaic a kindly, charitable act; benefaction
2.
a) gain or advantage [tax legislation for the benefit of the rich]
b) a favorable or beneficial circumstance, condition, or result [several benefits to good nutrition]
3. FRINGE BENEFIT
4. [often pl.] payments made by an insurance company, public agency, welfare society, etc. as during sickness, retirement, unemployment, etc. or for death
5. any public performance, bazaar, dance, etc. the proceeds of which are to help a certain person, group, or cause
vt.
benefited, benefiting
to do good to or for; aid
vi.
to receive advantage; profit

English World dictionary. . 2014.

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