BENEFIT

I. noun Etymology: Middle English, from Anglo-French benfet, from Latin bene factum, from neuter of bene factus, past participle of bene facere Date: 14th century an act of kindness ; benefaction , 2. something that promotes well-being ; advantage , useful aid ; help , 3. financial help in time of sickness, old age, or unemployment, a payment or service provided for under an annuity, pension plan, or insurance policy, a service (as health insurance) or right (as to take vacation time) provided by an employer in addition to wages or salary, an entertainment or social event to raise funds for a person or cause, II. verb (~ed; also -fitted; -fiting; also -fitting) Date: 15th century transitive verb to be useful or profitable to, intransitive verb to receive ~ , ~er noun