benefit in WordNet English dictionary

1. something that aids or promotes well-being
   "for the benefit of all"
   benefit  welfare 
   
2. a performance to raise money for a charitable cause
   benefit 
   
3. financial assistance in time of need
   benefit 
   

1. derive a benefit from
   "She profited from his vast experience"
   profit  gain  benefit 
   
2. be beneficial for
   "This will do you good"
   benefit  do good