Meaning & use

net benefit

noun·Academic

Last updated

UK/ˌnet ˈbenɪfɪt/
US/ˌnet ˈbenɪfɪt/

Meanings

  1. nouncountable

    The good result that remains after all costs, losses, or bad effects have been taken away.

    Grammar: Often used with 'a' or 'the': the project produced a net benefit.

    Patterns

    • a net benefit to someone
    • a net benefit for something
    • produce/derive a net benefit
    • the net benefit of something

    After we subtracted the clean-up costs, the new factory brought a net benefit to the town.

    Economists argue that free trade is a net benefit for most countries.

    The study found a small net benefit from the training program.

  2. nouncountable

    An advantage that is greater than any disadvantage connected with it.

    Grammar: Common in comparisons: 'a net benefit rather than a burden'.

    Patterns

    • be a net benefit rather than something
    • see something as a net benefit

    Most residents see the new rail link as a net benefit rather than a nuisance.

    For patients, the drug is a net benefit even though it has mild side effects.

Word forms

pluralnet benefits

Common combinations

a net benefit to society
Volunteering is a net benefit to society as a whole.
a net benefit for the economy
Tourism has been a net benefit for the local economy.
produce a net benefit
The reforms are expected to produce a net benefit within five years.
a net benefit rather than a cost
They presented the change as a net benefit rather than a cost.
weigh the net benefit
Regulators must weigh the net benefit of each new rule.

Synonyms and how they differ

advantage
Simpler and more general; it does not say that costs have been subtracted.
gain
Focuses on what is won or added, not on the balance after losses.
benefit
Means any good effect, while 'net benefit' stresses the final balance.

Opposites

net lossnet cost

Word family

benefit noun
A helpful or good effect.
beneficial adjective
Having a good or helpful effect.
beneficiary noun
A person who receives money or an advantage.

Commonly confused: net benefit or gross benefit?

net benefit vs gross benefit

'Gross' means before costs are subtracted; 'net' means after they are subtracted.

Practice

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