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Definition

benefit noun

/ˈben.ɪ.fɪt/ n [C or U]
a helpful or good effect, or something intended to help
The discovery of oil brought many benefits to the town.
One of the many benefits of foreign travel is learning how to cope with the unexpected.
He's had the benefit of an expensive education and yet he continues to work as a waiter.
I didn't get/derive (much) benefit from school.
With the benefit of hindsight (= Helped by the knowledge since learned) it is easy for us to see where we went wrong.
slightly formal She drinks a lot less now, to the benefit of her health as a whole.
the money given by the government to people who need financial help, for example because they cannot find a job
mainly UK unemployment benefit
I'm on benefit at the moment.

(Definition of benefit noun from the Cambridge Advanced Learner's Dictionary)
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