Meaning of the word benefits in English

What does benefits mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

benefits

US /ˈben.ɪ.fɪts/
UK /ˈben.ɪ.fɪts/

Plural Noun

1.

advantages or profits gained from something

Example:
The new policy offers several benefits to employees.
The health benefits of exercise are well-known.
2.

payments or services provided by the state or an employer to an individual, for example, during illness, unemployment, or retirement

Example:
She receives unemployment benefits.
The company offers excellent health benefits.