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Definition of advantage : 1. 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.
2. Interest of money; increase; overplus ( as the thirteenth in the baker's dozen).
3. Superiority of state, or that which gives it; benefit; gain; profit; as, the advantage of a good constitution.
4. Superiority; mastery; - with of or over.
5. To give an advantage to; to further; to promote; to benefit; to profit.

Synonyms:

hold, used, proceeds, utility, over, failure, lead, prestige, mastery, reinforcement, odds, eminence, sway, boot, aid, value, upper hand, protection, edge, bulge, sanction, dominance, position, handicap, be privileged, have the opportunity, purchase, jump, wealth, leverage, ascendancy, leeway, vantage, return, avail, stand someone in good stead, power, resources, drop, payoff, wages, support, expediency, better, reward, superiority, returns, usefulness, luck, supremacy, primacy, disadvantage, start, precedence, inside track, emolument, influence, serve, succeed, draw, approval, hindrance, pull, preference, choice, head start, recognition, receipts, service

benefit (part of speech: verb)

prosperity, calamity, behalf, convenience, progress, furtherance, comfort, good, gain, sake, success, promotion, boon, enjoyment, satisfaction, use, account, consolation, benefit, asset, blessing, interest, help, misfortune, pleasure, bounty, prize, improvement, welfare, weal, favor, profit, catastrophe, worth, bonus

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