benefit

benefit
Advantage; profit; fruit; privilege; gain; interest. The receiving as the exchange for promise some performance or forbearance which promisor was not previously entitled to receive. Graphic Arts Finishers, Inc. v. Boston Redevelopment Authority, 357 Mass. 40, 255 N.E.2d 793, 795.
Benefits are something to advantage of, or profit to, recipient. Cheltenham Tp. v. Cheltenham Tp. Police Dept., 11 Pa.Cmwlth. 348, 312 A.2d 835, 838.
Financial assistance received in time of sickness, disability, unemployment, etc. either from insurance or public programs such as social security.
Contracts.
When it is said that a valuable consideration for a promise may consist of a benefit to the promisor, "benefit" means that the promisor has, in return for his promise, acquired some legal right to which he would not otherwise have been entitled. Woolum v. Sizemore, 267 Ky. 384, 102 S.W.2d 323, 324.
"Benefits" of contract are advantages which result to either party from performance by other. DeCarlo v. Gerryco, Inc., 46 N.C. App. 15, 264 S.E.2d 370, 375.
Eminent domain:
It is a rule that, in assessing damages for private property taken or injured for public use, "special benefits" may be set off against the amount of damage found, but not "general benefits." Within the meaning of this rule, general benefits are such as accrue to the community at large, to the vicinage, or to all property similarly situated with reference to the work or improvement in question; while special benefits are such as accrue directly and solely to the owner of the land in question and not to others. As respects eminent domain law, "general benefits" are those which arise from the fulfillment of the public object which justified taking, while "special benefits" are those which arise from the particular relation of the land in question to the public improvement. Morehead v. State Dept. of Roads, 195 Neb. 31, 236 N.W.2d 623, 627
@ benefit association
See benefit societies
@ benefit building society
The original name for what is now more commonly called a "building society" (q.v.)
@ benefit certificate
A written obligation to pay the person therein named the amount specified upon the conditions therein stipulated. Also a term usually applied to policies issued by fraternal and beneficiary societies. Chandler v. New York Life Ins. Co., 194 Ark. 6, 104 S.W.2d 1060, 1061
@ benefit-cost ratio
Such ratio is basically a comparison of anticipated benefits derived from particular public works project with anticipated costs over estimated life span of the project. Sierra Club v. Froehlke, D.C.Tex., 359 F.Supp. 1289, 1360
@ benefit of bargain rule
Under such rule a defrauded purchaser may recover the difference between the real and the represented value of the property purchased. Auffenberg v. Hafley, Mo.App., 457 S.W.2d 929, 337.
This rule of damages gives damaged party equivalent of what the party would have received if the representations relied upon had been true. Asleson v. West Branch Land Co., N.D., 311 N.W.2d 533, 543.
In an action for fraud, plaintiffs recovery is limited to that measured by "out-of-pocket" rule, by which damages are measured by difference between purchase price of property and fair market value of same property on date of sale, unless actionable misrepresentation was warranty of value, in which case plaintiff may recover under "benefit-of-the-bargain" rule by which damages are determined by difference between actual value of property received and its value had representations as made been true. Galego v. Knudsen, 573 P.2d 313, 318, 281 Or. 43
@ benefit of cession
In the civil law, the release of a debtor from future imprisonment for his debts, which the law operates in his favor upon the surrender of his property for the benefit of his creditors
@ benefit of clergy
In its original sense, the phrase denoted the exemption which was accorded to clergymen from the jurisdiction of the secular courts, or from arrest or attachment on criminal process issuing from those courts in certain particular cases.
Afterwards, it meant a privilege of exemption from the punishment of death accorded to such persons as were clerks, or who could read. This privilege of exemption from capital punishment was anciently allowed to clergymen only, but afterwards to all who were connected with the church, even to its most subordinate officers, and at a still later time to all persons who could read (then called "clerks"), whether ecclesiastics or laymen. It does not appear to have been extended to cases of high treason, nor did it apply to mere misdemeanors.
The privilege was claimed after the person's conviction, by a species of motion in arrest of judgment, technically called "praying his clergy." As a means of testing his clerical character, he was given a psalm to read (usually, or always, the fifty-first), and, upon his reading it correctly, he was turned over to the ecclesiastical courts, to be tried by the bishop or a jury of twelve clerks. These heard him on oath, with his witnesses and compurgators, who attested their belief in his innocence.
This privilege operated greatly to mitigate the extreme rigor of the criminal laws, but was found to involve such gross abuses that parliament began to enact that certain crimes should be felonies "without benefit of clergy," and finally, by the Criminal Law Act of 1827, it was altogether abolished. The act of congress of April 30, 1790, c. 9, No. 31, 1 Stat. 119, provided that there should be no benefit of clergy for any capital crime against the United States, and, if this privilege formed a part of the common law of the several states before the Revolution, it no longer exists. Sometimes used in negative sense, "without benefit of clergy", to describe status of man and woman who live together though not married to each other
@ benefit of counsel
@ benefit of discussion
In the civil law, the right which a surety has to cause the property of the principal debtor to be applied in satisfaction of the obligation in the first instance. Civ.Code La. arts. 3045-3051
@ benefit of division
Same as beneficium divisionis (q.v.)
@ benefit of inventory
In the civil law, the privilege which the heir obtains of being liable for the charges and debts of the succession, only to the value of the effects of the succession, by causing an inventory of these effects within the time and manner prescribed by law. Civil Code La. art. 1032
@ benefit of order
@ benefit societies
Under this and several similar names, in various states, corporations which exist to receive periodical payments from members, and hold them as a fund to be loaned or given to members needing pecuniary relief
@ benefits rule
This rule provides that where a benefit, as well as a harm, is conferred by a tort-feasor, the benefits must be weighed against the elements of claimed damage. Clapham v. Yanga, 102 Mich.App. 47, 300 N.W.2d 727, 734
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Black's law dictionary. . 1990.

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  • benefit — ben·e·fit n 1: something that provides an advantage or gain; specif: an enhancement of property value, enjoyment of facilities, or increase in general prosperity arising from a public improvement general benefit: a benefit to the community at… …   Law dictionary

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  • Benefit — may refer to:Something that a party/individual was not previously entitled to receive. *Economic benefit, the positive contribution to gross national product (or other measure of value) from an economic activity or project: see Cost benefit… …   Wikipedia

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  • benefit — vb Benefit, profit, avail mean to do good or to be of advantage to someone. Benefit usually implies personal betterment or improvement (as of one s physical, intellectual, moral, or spiritual condition), but it may suggest enrichment or a… …   New Dictionary of Synonyms

  • benefit — ► NOUN 1) advantage or profit. 2) a payment made by the state or an insurance scheme to someone entitled to receive it, e.g. an unemployed person. 3) a public performance to raise money for a charity. ► VERB (benefited or benefitted, benefiting… …   English terms dictionary

  • Benefit — Ben e*fit, n. [OE. benefet, benfeet, bienfet, F. bienfait, fr. L. benefactum; bene well (adv. of bonus good) + factum, p. p. of facere to do. See {Bounty}, and {Fact}.] 1. An act of kindness; a favor conferred. [1913 Webster] Bless the Lord, O my …   The Collaborative International Dictionary of English

  • Benefit — ist der Name mehrerer Orte in den Vereinigten Staaten: Benefit (Georgia) im White County im Bundesstaat Georgia Benefit (Virginia) im Gemeindegebiet der Stadt Chesapeake im Bundesstaat Virginia Diese Seite ist eine Begriffsklärung zur… …   Deutsch Wikipedia

  • benefit — [n1] advantage, profit account, aid, asset, assistance, avail, benediction, betterment, blessing, boon, cream*, egg in one’s beer*, extras, favor, gain, godsend*, good, gravy*, help, interest, perk*, profit, prosperity, use, welfare, worth;… …   New thesaurus

  • benefit — [ben′ə fit, ben′əfət] n. [ME benefet < OFr bienfait, a kindness < L benefactum, meritorious act < benefacere: see BENEFACTION] 1. Archaic a kindly, charitable act; benefaction 2. a) gain or advantage [tax legislation for the benefit of… …   English World dictionary

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