1.
advantages and disadvantages, pros and cons
The beneficial and detrimental aspects of something considered together.
I carefully examined the advantages and disadvantages.
利害得失 = pros and cons, gains and losses
2.
interests, stake
Personal or collective benefits at stake in a situation.
We had a disinterested third party make the judgment.
利害関係 = having a stake/interest in something
Related Words
Related:
得失 (gains and losses (利害得失))