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The word 'benefit' is both a verb and a noun.

The noun 'benefit' is a word for an advantage or profit gained from something; a payment made by an employer, government, or an insurance company; a form of compensation (paid vacation time, subsidized health insurance, or a pension) provided to employees in addition to salary; a word for a thing.

The noun forms of the verb to benefit are benefice, beneficiary, and the gerund, benefiting.

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