benefits financial definition of benefits. benefits finance term by the Free Online Dictionary.

Benefit

In annuities, insurance and some government programs, the amount of money one receives under certain, stated circumstances. Benefits commonly refer to periodic payments one begins to receive following retirement, but they may also refer to welfare payments like rental assistance or food stamps. In general, benefits may be fixed at a certain amount (often determined by the amount one has contributed in premiums or taxes) or may vary according to inflation or an underlying investment portfolio.

benefits

In eminent domain cases, the concept of “benefit” comes into play because property owners may receive an enhancement in the value of their remaining property after the condemnation.If the enhancement is special to them, or only a very few owners, rather than the general betterment enjoyed by the public at large by the anticipated improvements, then any condemnation award to them may be reduced by the amount of the benefits.

Example: Ken owns 5 acres of land near an eight-lane city thoroughfare. The only thing pre- venting him from having valuable road frontage is a 2-foot-deep strip of land still owned by Elsie. This is the only land remaining to Elsie after successive road widenings over the years. The city decides to widen the road again and takes all the rest of Elsie's land and a 15-foot-deep strip of Ken's land. The city is liable to Ken for the 15-foot sliver, but Ken suddenly has 5 acres of extremely valuable road frontage property. Ken probably won't receive a check from the city because of the special benefits he received from the condemnation.

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ABO Accelerated Death Benefit Accidental Death Benefit Accrued Benefits Accumulated Benefit Obligation Cash Balance Plan Death Benefit Defined Benefit Plan Defined-Benefit Plan Early-Retirement Benefits EBT Electronic Benefits Transfer Fringe Benefits Portable Benefits Projected Benefit Obligation Social Security Benefits Unit Benefit Formula Variable Death Benefit Vested Benefits			Benefice exceptionnel Beneficial Interest Beneficial Owner Beneficial Ownership Beneficiario beneficiary Beneficiary Clause Beneficiary of Trust Beneficio Beneficio contable Benefit Benefit Allocation Method Benefit Allowance Benefit Approach to Pensions Benefit Corporation Benefit Cost Ratio Benefit Differential Benefit Formula Benefit Offset Benefit Period Benefit Principle Benefit Segmentation Benefit Trigger Benefit-Based Pension Plan benefit-of-the-bargain rule benefits Benefits for International Service Benefits in Kind Benefits System Benelux Customs Union Benelux Economic Union Bengali Taka Beni di consumo Beni di investimento molto costosi Beni durevoli Beni immateriali Beni strumentali Benjamin Benjamin Graham bequeath bequest Berkeley Software Distribution Berkshire Hathaway Berlin Mint berm Bermuda Swaption Bermudan Option Bermudian Dollar Bernard J. Ebbers Bernard Madoff Berne Convention			benefit-risk ratio benefit-risk ratio benefit-risk ratio benefit-risk ratio benefit-risk ratio Benefit/Cost Benefit/cost analysis Benefit/cost analysis Benefit/cost analysis Benefit/cost analysis Benefit/cost analysis Benefit/Cost Ratio Benefit/Cost Ratio Benefit/Deduction Cost Update Benefit/Investment Ratio benefited benefited benefited benefited benefited benefited Benefiter Benefiter benefiting benefiting benefiting benefiting benefiting benefiting Benefiting Endangered Animals and Species Threatened benefits Benefits Accuracy Measurement Benefits Administration Benefits Administration and Payment Department Benefits Administration Letter Benefits Administrator Benefits Analysis Program Benefits and Compensation Benefits and Entitlements Service Team Benefits and Payroll Liaison Branch Benefits and Retirement Operations Section Benefits and Services Team Benefits and Use Division Benefits Assistance Clients Urban Project Benefits concerts Benefits Connection Group Benefits Delivery at Discharge Benefits Delivery Network Benefits Driven Procurement Benefits Election Resource Tool Benefits Enrollment Form Benefits Equalization Plan Benefits for International Service Benefits Identification Card Benefits Improvement and Protection Act of 2000