Benefit (noun)

1. An advantage or profit gained from something.
2. A payment or gift made by an employer, the state, or an insurance company.
3. A public performance or exhibition for a specific charitable purpose.

Origin:

Late middle english: from old french bénéfice, from latin beneficripiónem "advantage, benefit", from the verb describere (see describe).

Examples:

1. The new law will bring benefits to millions of people.
2. Employees are eligible for a range of benefits, including health insurance and paid time off.
3. The concert was a benefit for the local homeless shelter.
4. The company's profit margins will benefit from the new production process.
5. He received a financial benefit from the sale of the property.