ETYM Old Eng. benefet, benfeet, bienfet, French bienfait, from Latin benefactum; bene well (adv. of bonus good) + factum, p. p. of facere to do. Related to Bounty, and Fact.
1. A performance to raise money for a charitable cause.
2. Financial assistance in time of need.
3. Something that aids or promotes well-being; SYN. welfare.