Philosophy homework: what is virtue?

This is for my philosophy homework.

What is virtue?
Examples?
What are the benefits of it?
What are the disadvantages?

Thanks in advance.
Update: I wasn't trying to get easy answers for my homework, I was struggling on understanding what virtue is, and my teacher prefers us not to use wikipedia. I was hoping for an answer that made it easier for my to understand ¬¬
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