Definition, Meaning & Synonyms
tangible benefit
Phrase
/ˈtæn.dʒə.bəl ˈbɛn.ɪ.fɪt/
Definition
A tangible benefit refers to a distinct and measurable advantage or gain that can be identified and evaluated, often expressed in monetary terms or physical outcomes.
Examples
- Investing in renewable energy can lead to tangible benefits, including cost savings and reduced environmental impact.
- After implementing the new software, the company experienced tangible benefits like increased productivity and efficiency.
- Employees appreciate tangible benefits such as bonuses and paid time off, which can enhance morale and job satisfaction.
Meaning
Tangible benefits are those that can be observed and quantified, such as savings, profitability, or physical improvements that can directly affect individuals or organizations.
Synonyms
- Concrete advantage
- Measurable gain
- Actual benefit
- Real reward
