ANCILLARY BENEFIT Meaning and
Definition
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Ancillary benefit refers to a secondary advantage, positive consequence, or extra value that is derived from a primary action, process, or decision. It denotes an advantageous outcome or perk that is not the primary intention or goal, but comes as an additional positive result.
An ancillary benefit is often seen as an added bonus that accompanies a primary objective. It may arise from different activities, initiatives, or events. For instance, when implementing a new software system, an ancillary benefit could be an enhanced level of data security, which was not the main aim of the software installation but is an advantageous outcome. Similarly, when establishing a renewable energy project, an ancillary benefit could be the creation of new jobs in the local community, which was not the primary purpose but is an additional favorable result.
This term is frequently used in business, economics, and policy-making contexts. Ancillary benefits can influence decision-making processes, as they offer added value or advantages beyond the intended outcomes. They can include improved efficiency, cost savings, environmental sustainability, social impact, or any other collateral gain. Recognizing and maximizing ancillary benefits can enhance the overall value and impact of an action, initiative, or decision.
In summary, an ancillary benefit refers to an additional positive consequence or supplementary advantage that arises alongside a primary intention or action. It represents an extra value, often unexpected or unintended, that enhances the overall outcome or impact.
Etymology of ANCILLARY BENEFIT
The term "ancillary" comes from the Latin word "ancillaris", which means "of a maidservant" or "subordinate". In English, it was first used in the 17th century to refer to something that is subordinate or supplementary to the main thing.
The word "benefit" comes from the Latin word "benefactum", which means "a good deed" or "a kindness". In English, it has been used since the 14th century to refer to something advantageous or helpful.
Therefore, the etymology of the term "ancillary benefit" indicates that it refers to a secondary or additional advantage or advantage that comes along with, or is subordinate to, a main benefit or advantage.
