Noun
/beneˈfisjo/
"Beneficio" in Spanish has several meanings depending on the context. It is commonly used to refer to a benefit, profit, gain, or advantage that someone obtains from something. This word can be found across several domains such as general language, economics, law, medicine, polytechnical fields, theater, and in the context of Chile and America. "Beneficio" is a term that is more often used in both oral and written Spanish, especially in professional contexts.
Mi abogado me recomendó aceptar la herencia a beneficio de inventario. (My lawyer advised me to accept the inheritance to benefit from inventory.)
"Sin beneficio de inventario" (without benefit from inventory) - This is also a legal term used when an heir accepts an inheritance along with all the assets and debts of the deceased.
"Beneficio" comes from the Latin word "beneficium," which means favor or service. In Latin, "bene" means well, and "facere" means to do, which together form "beneficium." Over time, the term evolved into Spanish as "beneficio."