Beneficiary Definition & Meaning - Merriam-Webster
Web1. : a person or thing that receives help or an advantage from something : one that benefits from something. the main beneficiaries of these economic reforms. 2. a. law : …
What Is a Beneficiary? How They Work, Types, and Examples - Investopedia
WebMar 8, 2024 · A beneficiary is an individual who receives a benefit which is often a monetary distribution. Distributions can have tax consequences. Beneficiaries who inherit a retirement account may have...
What Is a Beneficiary? Meaning, Types, Naming - NerdWallet
WebSep 15, 2023 · A beneficiary typically refers to a person or entity who receives the death benefit of a life insurance policy. However, you can also name beneficiaries for...
BENEFICIARY | English meaning - Cambridge Dictionary
WebBENEFICIARY definition: 1. a person or group who receives money, advantages, etc. as a result of something else: 2. a…. Learn more.
BENEFICIARY Definition & Meaning | Dictionary.com
Webnoun. a person who gains or benefits in some way from something. law a person entitled to receive funds or other property under a trust, will, or insurance policy. the holder of an ecclesiastical or other benefice. a person who receives government assistance. social security beneficiary. adjective.
What Is a Beneficiary? Meaning, Examples, & Estate Planning ...
WebWhat is a beneficiary? A beneficiary is the term for a person or entity (such as a charity or a trust) who receives some type of benefit after the owner passes away. A beneficiary is named through paperwork when the asset (such as a retirement account) is established, although you can change it at any point before your death.
BENEFICIARY | definition in the Cambridge English Dictionary
WebBENEFICIARY meaning: 1. a person or group who receives money, advantages, etc. as a result of something else: 2. a…. Learn more.
Beneficiary - Definition, Meaning & Synonyms | Vocabulary.com
WebA beneficiary is simply the recipient of money or other benefits. So when your big sister finally moves away to college and you get to move into her bigger bedroom? You become a lucky beneficiary. In other words — if you benefit from something, you are a beneficiary.
beneficiary | Wex | US Law | LII / Legal Information Institute
WebA beneficiary is an individual who receives benefits from a transaction via a contract (such as an insurance policy ), a will, or trust. Wills and Trusts: A beneficiary is an individual named in a will, revocable trust, or irrevocable trust to receive property from a testator or grantor.
beneficiary noun - Definition, pictures, pronunciation and usage …
Webnoun. OPAL W. /ˌbenɪˈfɪʃəri/ /ˌbenɪˈfɪʃieri/ (plural beneficiaries) beneficiary (of something) a person who gains as a result of something. Who will be the main beneficiary of the cuts in income tax? Want to learn more?
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