Benefiting

something that is advantageous or good; an advantage:
He explained the benefits of public ownership of the postal system.
a payment or gift, as one made to help someone or given by an employer, an insurance company, or a public agency:
The company offers its employees a pension plan, free health insurance, and other benefits.
a theatrical performance or other public entertainment to raise money for a charitable organization or cause.
Archaic. an act of kindness; good deed; benefaction.
to do good to; be of service to:
a health program to benefit everyone.
to derive benefit or advantage; profit; make improvement:
He has never benefited from all that experience.
for someone’s benefit, so as to produce a desired effect in another’s mind:
He wasn’t really angry; that was just an act for his girlfriend’s benefit.
Contemporary Examples

Flushing Money Down the Tea Party Toilet Tom Dougherty August 18, 2014
Michael Tomasky on the GOP’s Michigan Giveaway Michael Tomasky February 26, 2012
What Brazil’s Dilma Rousseff Can Teach Hillary Clinton Heather Arnet October 28, 2014
GOP’s Irrational War on the Fed Zachary Karabell October 11, 2011
Flushing Money Down the Tea Party Toilet Tom Dougherty August 18, 2014

Historical Examples

Sages and Heroes of the American Revolution L. Carroll Judson
The Bishop’s Secret Fergus Hume
The Story of the “Britannia” E. P. Statham
Extracts from the Diary and Correspondence of the Late Amos Lawrence; with a brief account of some incidents of his life Amos Lawrence
Natalie: A Garden Scout Lillian Elizabeth Roy

noun
something that improves or promotes
advantage or sake: this is for your benefit
(Brit)

an allowance paid by the government as for sickness, unemployment, etc, to which a person is entitled under social security or the national insurance scheme
any similar allowance in various other countries

(sometimes pl) a payment or series of payments made by an institution, such as an insurance company or trade union, to a person who is ill, unemployed, etc
a theatrical performance, sports event, etc, to raise money for a charity
verb -fits, -fiting, -fited especially (US) -fits, -fitting, -fitted
to do or receive good; profit
n.
v.
see: give the benefit