We have different ideas/notions/conceptions of 'beauty'. [=different opinions about what makes things beautiful]
Her 'beauty' is beyond compare. [=she is very beautiful; no one is as beautiful as she is]
“A thing of 'beauty' is a joy for ever…” <aq>John Keats, 'Endymion' (1818)</aq>
(..) . Take it and go before I change my mind. but you startled me, for I have never seen such a radiant beauty before. I am Lord Farquaad. Lord Farquaad? Oh, no, no. - - Forgive me, my lord, (..)2001 Shrek
(..) And you know what else? You're-- You're a girl dragon! Oh, sure! I mean, ofcourse you're a girl dragon. You'rejust reeking offeminine beauty. What's the matter with you? You got something in your eye? Ooh. Oh. Oh. Man, I'd really love to stay, but, you know, I'm, uh-- (..)2001 Shrek