- Any condition, circumstance, opportunity, or means,
particularly favorable to success, or to any desired end; benefit; as,
the enemy had the advantage of a more elevated position. - Superiority; mastery; -- with of or over. - Superiority of state, or that which gives it; benefit;
gain; profit; as, the advantage of a good constitution. - Interest of money; increase; overplus (as the thirteenth
in the baker's dozen).
2 . Advantage
[ v. t.]
- To give an advantage to; to further; to promote; to
benefit; to profit.
Meaning of 'advantage' (Princeton's WordNet)
1 . advantage
[ n]
Meaning (1): - benefit resulting from some event or action
Example in sentence:
it turned out to my advantage;
reaping the rewards of generosity
Meaning (2): - the quality of having a superior or more favorable position
Medicare Advantage plans Medicare Advantage plans refers private health plans that are part of Medicare that allow beneficiaries to choose alternates to the Original Medicare Plan, such as Medicare HMOs, Medicare PPOs, Medicare special needs plans, and Medicare private-fee-for-service plans.
Comprehensive advantage Comprehensive advantage is a nation is better equipped to produce one product or service than other nations.
Diamond of National Advantage Diamond of national advantage refers to the phenomenon that a strongly competitive home market can sharpen a firm’s competitive advantage relative to firms ...
Theory of Comparative Advantage The theory of comparative advantage provides a basis for explaining and justifying international trade in a model world assumed to enjoy free trade, perfect ...
Absolute advantage Absolute advantage is a situation in which a country, or sometimes a person or company, is more efficient at producing something than its
Comparative Advantage Comparative Advantage is a theory of international trade that originated with David Ricardo in the early 19th Century, and is
Advantages of Subsidiary Ledgers Subsidiary ledgers have several advantages:
They show in a single account transactions affecting one customer or one creditor, thus providing up-to-date information on specific account balances.
First-mover Advantage First-mover advantage is a sometimes significant advantage, created by the opportunity to establish brand recognition and/or market power, gained by the first company...
Sustainable competitive advantage Sustainable competitive advantage is a competitive advantage that is sustainable normally as the result of the unique combination...
Competitive Advantage Competitive advantage refers to any factors that allow an organization to differentiate its product or service from those of its competitors to increase market share.