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beneficiary

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noun ben·e·fi·cia·ry \ˌbe-nə-ˈfi-shē-ˌer-ē, -e-rē, -ˈfi-sh(ə-)rē\

Simple Definition of beneficiary

  • : a person, organization, etc., that is helped by something : someone or something that benefits from something

  • : a person, organization, etc., that receives money or property when someone dies

Full Definition of beneficiary

plural ben·e·fi·cia·ries

  1. 1 :  one that benefits from something

  2. 2 a :  the person designated to receive the income of a trust estate b :  the person named (as in an insurance policy) to receive proceeds or benefits

beneficiary adjective

Examples of beneficiary

  1. The college was a beneficiary of the private grant.



1662

First Known Use of beneficiary

1662



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