Legal Definition and Related Resources of Benefit

Advantage; profit . In the context of certain social welfare legislations, the term means periodic payments made to a qualified recipient.

Amount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss

(Betterment), noun

• accommodation
• advantage
• assistance
• avail
• behoof
• benefaction
• comfort
• convenience
• enjoyment
• expediency
• gain
• good
• gratification
• improvement
• interest
• pleasure
• profit
• promotion
• relief
• return
• satisfaction
• solace
• success
• succor
• usufruct
• utility
• utilization
• welfare
• wellbeing
• worth Associated Concepts: beneficial use
• benefit of clergy
• benefit of counsel
• benefit of creditors
• benefit of estate
• benefit of the bargain
• benefit of third person foreign phrases: In favorabilibus magis attenditur quod rodest quam quod nocet
• In things favored
• what is eneficial is more regarded than what is harmful
• Privatum incommodumpublico bonopensatur
• Private inconvenience is compensated for by public benefit

(Conferment), noun

• aid
• award
• benefaction
• beneficience
• benevolence
• bequest
• bestowal
• bonus
• boon
• charity
• compensation
• contribution
• courtesy
• devise
• dispensation
• donation
• endowment
• favor
• gift
• good turn
• gratuity
• kindness
• largess
• legacy
• liberality
• oblation
• offering
• offertory
• philanthropy
• present
• presentation
• remittance
• reward
• subsidy
• subvention Associated Concepts: benefit certificate foreign phrases: Invito beneficium non datur
• A benefit is not conferred upon a person against his will
• Privilegium est beneficium personate
• et extinguitur cum persona
• A privilege is a personal benefit
• and is extinguished with the death of the person
• Omnes licentiam habere his quae pro se indulta sunt
• renunciare
• All are free to renounce those privileges which have been allowed for their benefit

Browse or run a search for Benefit in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Benefit in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Benefit in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Benefit in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Ademption, Advancement, Ambiguity, Appointment, Power Of, Appurtenant, Assessment, Assured, Bailment, Bankruptcy, Bare Trustee, Beneficial, Beneficial Association, Beneficial Interest, Beneficiary, Benefit Of Clergy, , C.i.f., Charitable, Civil Contempt, Clearing House, Clergy, Benefit Of, Consideration, Contractor”s Lien, Copyright, Covenant Personal, Covenant Running With The Land, Easement, Embezzlement, Employer, Enjoy, Enure, Equitable Estate, Equitable Interests, Ex Parte, Expectancy, Facility Of Payment Clause, Fiduciary, Forfeiture, , General Assignment, , Goodwill, In Gross, Indigent, Insurable Interest, Interest, Inure, Invitee, Kidnap, Label, Local Assessment, Patrimony, Police Power, Precatory Trust, Principal, Profit, Real Covenants, Rece
iver, Reciprocity, Restrictive Covenants, Resulting Trust, Salvage, Separate Estate, Separate Property, Service, Sound Mind, Special Assessment, Special Taxes, State, Subrogation, , Tacking, Third Party Beneficiary, Third Party Beneficiary Contract, Trust, Trust Fund Doctrine, Trustee.

What does Benefit mean in American Law?

The definition of Benefit in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

Anything of positive value: advantage, profit, gain, etc. Also, an artistic or athletic performance the profits from which are to go to some special, usually charitable, cause rather than be distributed as they would ordinarily be to the impressario and performers, as in “Jerry Lewis did a benefit for the Multiple Sclerosis Foundation.” See also entries beginning with benefit; benefits; consideration; costbenefit analysis; special benefits.

Benefit in Global Commerce Policy

In this regard, a definition of this issue is as follows: under the WTO Agreement on Subsidies and Countervailing Measures this is a criterion necessary to establish whether a subsidy exists. The Agreement describes six types of governmental measures that may be considered benefits or subsidies. These are (a) a financial contribution by a government or public body, (b) a government practice involving a direct transfer of funds, (c) government revenue foregone or not collected, (d) provision by a government of goods and services other than infrastructure, (e) payments made by a government through a funding mechanism payments made through a private body on behalf of a government, and (f) any form of income or price support in the sense of GATT Article XVI (subsidies) which confers a benefit.[1]

Benefitin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Benefit” entry (OAS)

See Also