benefit

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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.

benefit

see CONSUMER SURPLUS, VALUE CREATED MODEL.
References in periodicals archive ?
I am more than prepared to give the benefit of the doubt, and state given Labour's record on the economy, they don't know or care.
"At every turn it is clear that this report has done exactly what was required - to give the benefit of the doubt to the state, its Cabinet and ministers, to the Army, to the intelligence services and to itself.
As I wrote above, and to give the benefit of the doubt, let us focus on the abovementioned positive justification for Wikileaks' efforts and ask whether Assange's worries about being extradited to the US after having arrived in Stockholm are to be taken as real.
If you cannot applaud a good performance, let's give the benefit of the doubt."