Definition of benefitting:
(n) :
An advantage; help or aid from something.
(n) :
(insurance) A payment made in accordance with an insurance policy or a public assistance scheme.
(v) :
(transitive) To be or to provide a benefit to.
(v) :
(intransitive) To receive a benefit (from); to be a beneficiary.
(n) :
An event, such as a theatrical performance, given to raise funds for some cause.
(n) :
Intended audience (as for the benefit of).