Provision is the action and effect of lending (giving something to someone to use and then return it, helping to achieve something, offering oneself). The term comes from the Latin praestatĭo .
A benefit can be the service agreed in an agreement or required by an authority. Typically, the provision is stipulated through a contract that imposes rights and obligations. For example: "The company undertook to offer the provision of the service free of charge to the victims of the earthquake" , "I am going to go to court to report that the telecommunications company failed to comply with its benefits" , "I am very satisfied with the new government benefit for retirees who have to do paperwork ” .
Also within that aforementioned area we should not forget that there is another use of the term at hand. Specifically, within the Law, it is established that a benefit is the commitment that is established by contract between two people. In this way, one of them must obtain a service or a thing in question from the second because it has been determined in that legal document.
The social benefit, on the other hand, is a subsidy or public aid of an economic nature: "The governor clarified that the unemployment benefit will be paid from the 5th of next month" , "The State should increase its benefits to the sectors underprivileged " , " If I am elected president, I will increase benefits and assistance . "
Precisely these types of benefits are found in these moments of maximum actuality throughout the world since the economic crisis that is being experienced has caused many people to find themselves unemployed and depend on them to survive.
Another of the most important classes of benefits that exist in many countries of the world are maternity benefits. These we can establish that they are subsidies that are granted to workers when they are in rest periods established by law since they are in the process of maternity, adoption, guardianship or also what would be foster care.
These benefits will cease to be provided to the employee when he returns to work due to the expiration of the periods of leave due to the aforementioned situations.
However, there are many other types of benefits such as those established for widows, orphans, temporary or permanent disabilities as a result of having suffered a traffic or work accident, those that are provided for people who are already retired…
Another use of the concept is linked to the service, performance or comfort that something provides: "I bought a computer that offers state-of-the-art features" , "The performance of this engine does not satisfy me: I need another type of service" , "The hotel provides sensational performance ” , “ I want to test the car: if its performance suits me, I buy it ” .
The rent or tribute that is paid to the owner or some corporate entity is also called the benefit: "I had to pay the territorial benefit this year . "