benefit >> /ˈbɛnəfɪt/
Definition: [noun] An advantage or profit gained from something.
Example: enjoy the benefits of being a member
Definition: [noun] A payment or gift made by an employer, the state, or an insurance company.
Example: welfare benefits
Definition: [noun] A public performance or other entertainment of which the proceeds go to a particular charitable cause.
Example: the social season was highlighted by debutante balls and charity benefits
Definition: [intransitive verb] Receive an advantage; profit.
Example: the areas would benefit from regeneration