What's the difference between benefit and cost?

Benefit


Definition:

  • (n.) An act of kindness; a favor conferred.
  • (n.) Whatever promotes prosperity and personal happiness, or adds value to property; advantage; profit.
  • (n.) A theatrical performance, a concert, or the like, the proceeds of which do not go to the lessee of the theater or to the company, but to some individual actor, or to some charitable use.
  • (n.) Beneficence; liberality.
  • (n.) Natural advantages; endowments; accomplishments.
  • (v. t.) To be beneficial to; to do good to; to advantage; to advance in health or prosperity; to be useful to; to profit.
  • (v. i.) To gain advantage; to make improvement; to profit; as, he will benefit by the change.

Example Sentences:

  • (1) Child benefit has already been withdrawn from higher rate taxpayers.
  • (2) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
  • (3) Benefits increase with an individual's initial cholesterol level and decrease with the age at which an intervention is initiated.
  • (4) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (5) This "paradox of redistribution" was certainly observable in Britain, where Welfare retained its status as one of the 20th century's most exalted creations, even while those claiming benefits were treated with ever greater contempt.
  • (6) I fear that I will have to go through another witch-hunt in order to apply for this benefit."
  • (7) Because they generally have to be positioned on hills to get the maximum benefits of the wind, some complain that they ruin the landscape.
  • (8) Other than failing to get a goal, I couldn’t ask for anything more.” From Lambert’s perspective there was an element of misfortune about the first and third goals, with Willian benefitting from handy ricochets on both occasions.
  • (9) In patients with acute exacerbations of chronic obstructive pulmonary disease, although either sympathomimetic or anticholinergic therapy provides bronchodilatation, no further benefit could be demonstrated from combination therapy.
  • (10) But still we have to fight for health benefits, we have to jump through loops … Why doesn’t the NFL offer free healthcare for life, especially for those suffering from brain injury?” The commissioner, however, was quick to remind Davis that benefits are agreed as part of the collective bargaining process held between the league and the players’ union, and said that they had been extended during the most recent round of negotiations.
  • (11) In France, there is still a meaningful connection between earnings, social contributions paid in, and benefit paid out.
  • (12) The value of benefit-risk, benefit-cost, and cost-effectiveness analyses lies not in providing the definitive basis for a decision on vaccine use or evaluation.
  • (13) The results indicate that the legislated increase in the age of eligibility for full Social Security benefits beginning in the 21st century will have relatively small effects on the ages of retirement and benefit acceptance.
  • (14) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (15) These data suggest that although the major effect of ALP is on the inhibition of the generation of the autoimmune response there appeared to be some therapeutic benefit at a later stage of acute disease.
  • (16) Acetylsalicylic acid has been shown to reduce significantly stroke, death and stroke-related death in men, with no detectable benefit for women.
  • (17) Some women have clinically obvious cervical incompetence and may benefit from a cerclage operation, but criteria for early diagnosis are not universally agreed upon.
  • (18) "If you are not prepared to learn English, your benefits will be cut," he said.
  • (19) Of course it is important to ensure shareholders enjoy the benefits of investing in the company, they are the owners.
  • (20) Considerations on costs and benefits demonstrate that the treatment of severely injured patients, who otherwise would die, results in a considerable social and economic saving (approximately 90 million Swiss francs for the 316 trauma patients analyzed).

Cost


Definition:

  • (n.) A rib; a side; a region or coast.
  • (n.) See Cottise.
  • (imp. & p. p.) of Cost
  • (v. t.) To require to be given, expended, or laid out therefor, as in barter, purchase, acquisition, etc.; to cause the cost, expenditure, relinquishment, or loss of; as, the ticket cost a dollar; the effort cost his life.
  • (v. t.) To require to be borne or suffered; to cause.
  • (v. t.) The amount paid, charged, or engaged to be paid, for anything bought or taken in barter; charge; expense; hence, whatever, as labor, self-denial, suffering, etc., is requisite to secure benefit.
  • (v. t.) Loss of any kind; detriment; pain; suffering.
  • (v. t.) Expenses incurred in litigation.

Example Sentences:

  • (1) Simplicity, high capacity, low cost and label stability, combined with relatively high clinical sensitivity make the method suitable for cost effective screening of large numbers of samples.
  • (2) An effective graft-surveillance protocol needs to be applicable to all patients; practical in terms of time, effort, and cost; reliable; and able to detect, grade, and assess progression of lesions.
  • (3) In the bars of Antwerp and the cafes of Bruges, the talk is less of Christmas markets and hot chocolate than of the rising cost of financing a national debt which stands at 100% of annual national income.
  • (4) Issues such as healthcare and the NHS, food banks, energy and the general cost of living were conspicuous by their absence.
  • (5) In choosing between various scanning techniques the factors to be considered include availability, cost, the type of equipment, the expertise of the medical and technical staff, and the inherent capabilities of the system.
  • (6) In documents due to be published by the bank, it will signal a need to shed costs from a business that employs 10,000 people as it scrambles to return to profit.
  • (7) This study examines the costs of screening patients for alcohol problems.
  • (8) A recent visit by a member of Iraq's government from Baghdad to Basra and back cost about $12,000 (£7,800), the cable claimed.
  • (9) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (10) There was a 35% decrease in the number of patients seeking emergency treatment and one study put the savings in economic and social costs at just under £7m a year .
  • (11) Environment groups Environment groups that have strongly backed low-carbon power have barely wavered in their opposition to nuclear in the last decade, although their arguments now are now much about the cost than the danger it might pose.
  • (12) From the social economic point of view nosocomial infections represent a very important cost factor, which could be reduced to great deal by activities for prevention of nosocomial infection.
  • (13) The stepped approach is cost-effective and provides an objective basis for decisions and priority setting.
  • (14) Failure to develop an adequate resource will be costly in the long run.
  • (15) The method is implemented with a digital non-causal (zero-phase shift) filter, based on the convolution with a finite impulse response, to make the computation time compatible with the use of low-cost microcomputers.
  • (16) Cost-effective immunoassays for the detection of amphetamines, benzodiazepines, and methadone in urine have been developed using Syva EMIT reagents and a Cobas Bio centrifugal analyser.
  • (17) Total costs of building the three missile destroyers in Australia will amount to more than $9bn, approximately three times the cost of buying the ships ready made from Spanish company Navantia, The Australian reported on Friday .
  • (18) For the non-emergency admissions, the low-load physicians' patients had an average LOS that was 56.2% greater and an average hospital cost that was 58.3% greater than were the LOS and cost of the patients of the high-load physicians.
  • (19) The aim of this paper is to demonstrate that the problems which arise from simultaneously developing regulatory and competitive approaches to health care cost containment can be solved, if recognized, and that those problems deserve more systematic investigation than they have so far received.
  • (20) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.

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