What does Beneficiary mean?
Definitions for Beneficiary
ˌbɛn əˈfɪʃ iˌɛr i, -ˈfɪʃ ə riben·e·fi·cia·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Beneficiary.
Princeton's WordNet
beneficiary, doneenoun
the recipient of funds or other benefits
benefactive role, beneficiaryadjective
the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause
beneficiaryadjective
having or arising from a benefice
"a beneficiary baron"
Wiktionary
beneficiarynoun
One who benefits or receives an advantage.
You are the lucky beneficiary of this special offer.
beneficiarynoun
One who benefits from the distribution, especially of an estate.
If any beneficiary does not survive the Settlor for a period of 30 days then the Trustee shall distribute that beneficiary's share to the surviving beneficiaries by right of representation.
Etymology: bene + facio + -ary
Samuel Johnson's Dictionary
Beneficiaryadjective
Holding something in subordination to another; having a dependent and secondary possession, without sovereign power.
Etymology: from benefice.
The duke of Parma was tempted by no less promise, than to be made a feudatory, or beneficiary king of England, under the seignory in chief of the pope. Francis Bacon, War with Spain.
Beneficiarynoun
He that is in possession of a benefice.
A benefice is either said to be a benefice with the cure of souls, or otherwise. In the first case, if it be annexed to another benefice, the beneficiary is obliged to serve the parish church in his own proper person. John Ayliffe, Parergon.
ChatGPT
beneficiary
A beneficiary is an individual, group, or organization that receives benefits, profits, or advantages from something, especially from trusts, insurance policies, wills, or other legal agreements.
Webster Dictionary
Beneficiaryadjective
holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession
Beneficiaryadjective
bestowed as a gratuity; as, beneficiary gifts
Beneficiarynoun
a feudatory or vassal; hence, one who holds a benefice and uses its proceeds
Beneficiarynoun
one who receives anything as a gift; one who receives a benefit or advantage; esp. one who receives help or income from an educational fund or a trust estate
Wikidata
Beneficiary
In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries. Generally speaking, there are no structures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability. It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.
Numerology
Chaldean Numerology
The numerical value of Beneficiary in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of Beneficiary in Pythagorean Numerology is: 7
Examples of Beneficiary in a Sentence
This is about jobs, including jobs and manufacturing and Adelaide in particular will be a big beneficiary of this announcement, as well as Western Australia.
Who will inherit Trump's backers? Certainly not Jeb Bush. And Trump has criticized others by name, too, should Trump leave the field, Ted Cruz would be a likely beneficiary. He is considered an immigration hardliner, like Trump. And Cruz is showing Trump respect, and Trump has already shown us that he has a good memory for respect and slights.
There's a complete risk-off trade around the world and U.S. Treasuries have notably become a clear beneficiary of that risk-off tone.
Now it will no longer be a secret, I am the beneficiary, there was a rather complicated facility, there were a lot of creditors, and I managed to become the beneficiary.
Don't die before you review your beneficiary forms and your trusts.
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References
Translations for Beneficiary
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"Beneficiary." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/Beneficiary>.
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