Meaning of the word "for the benefit of" in English

What does "for the benefit of" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

for the benefit of

US /fɔːr ðə ˈben.ə.fɪt əv/
UK /fɔː ðə ˈben.ɪ.fɪt əv/
"for the benefit of" picture

Phrase

in order to help or be useful to someone or something

Example:
The new laws were designed for the benefit of the environment.
I am explaining this again for the benefit of those who arrived late.