Beauty
Beauty, in objective point of view, is the aesthetic aspects that are pleasing to the senses, especially the sight. It emphasizes on physical characteristics, such as colour, form, or shape. However, in subjective point of view, beauty is the aesthetic sense of the beholder that transposes itself as beauty in the object.'Beauty is in the eye of the beholder' make beauty a proverbially subjective thing that cannot be judged objectively, for what one person finds beautiful may be considered ugly by others.
People have also been trying from time immemorial to ascertain how much beauty someone or something contains. Most of the people emphasize on physical characteristics. However, the proverb 'beauty is that beauty does' denies it and claims that beauty is one who does beautiful things. Another proverb says that 'beauty is only skin-deep'. It indirectly warns against the pleasing appearance that may be a cover up for the ugliness of the inner being.
Thus beauty is a combination of qualities partially in the object pleasing the senses, intellect, or moral sense of the beholder, and partially in the aesthetic sense of the beholder that transpose itself in the object deriving some aesthetic pleasure from it.
A beautiful woman, and also some excellent example of something, is simply called beauty in short. The word is also used in combination with other words to denote their use in beautification, such as beauty products that improve the appearance of someone.