benefit

Definition

A payment or entitlement, such as one made under an insurance policy or employment agreement, or public assistance program. Or, more generally, something of value or usefulness.

Cite this definition


Related Terms

COBRA, copay, incidental benefit, nonforfeitable benefit

Related Research Articles from the InvestorGuide.com University

401(K)
Learn the details about 401(k) retirement plans, including eligibility, contributions, investment options, fees and expenses, beneficiaries, and payment options at the time of retirement.

Types of Retirement Plans
There are almost too many retirement plans to keep track of. Here we explain them all. Government-sponsored plans, personal plans, annuities, employer-sponsored plans, qualified and non-qualified plans, defined-benefit and defined-contribution plans, pensions, 457 plans, and more.

SEP and SIMPLE Plans
Learn about Simplified Employee Pension Plans and Savings Incentive Match Plans for Employees. Includes information on how to contribute, who is eligible, and how withdrawals work from each.


Featured Sponsor


Give this definition a rating from 1 to 5 (5 being the best)...
1    2    3    4    5    



Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©

Copyright©1997-2008 by WebFinance, Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.