Benefit: Difference between revisions

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1) n. any profit or acquired right or privilege, primarily through a contract. 2) in worker's compensation the term "benefit" is the insurance payment resulting from a fatal accident on the job, while "compensation" is for injury without death. 3) in income taxation, anything that brings economic gain. 4) "fringe benefits" may be part of the compensation for employment other than salary or wages, and may include health or disability insurance. 5) v. to gain something, as "This sale will benefit Ajit Singh."
n.) Natural advantages; endowments; accomplishments.

Latest revision as of 16:27, 2 June 2024

n.) Natural advantages; endowments; accomplishments.