benefit
Definition 1
General: Advantage, privilege, right, or financial reimbursement (such as that made under an insurance policy, medical plan, or pension plan).
Definition 2
Finance: Desirable and measurable outcome or result from an action, investment, project, resource, or technology.
Definition 3
Marketing: Desirable attribute of a good or service, which a customer perceives he or she will get from purchasing. Whereas vendors sell features (“high speed drill bit with tungsten-carbide tip”), buyers seek the benefit (the holes).
benefit is in the Accounting & Auditing, Advertising, Marketing, & Sales and Corporate, Commercial, & General Law subjects.
benefit appears in the definitions of the following terms:
pension plan,
risk free,
brand promise,
voluntary organization,
economic analysis,
trustee,
non-monetary price,
beneficial interest,
compensation package,
disaster loss
and
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