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HTTP/2 200
server: nginx
date: Mon, 06 Oct 2025 20:22:40 GMT
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last-modified: Mon, 06 Oct 2025 10:35:57 GMT
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benefit | Wex | US Law | LII / Legal Information Institute
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benefit
A benefit is an advantage, profit, or gain received by a person or entity. In law, it refers to anything that promotes an interest, secures an advantage, or results in a financial or non-financial improvement. In contract law, a benefit to the promisor or a detriment to the promisee may constitute valid consideration.
[Last reviewed in August of 2025 by the Wex Definitions Team]
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