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beneficiary meaning

[ ˌbeni'fiʃəri ]   Pronunciation:
Synonyms of "beneficiary""beneficiary" in a sentence
MeaningMobile
  • Noun: beneficiary  `benu'fishee`eree [N. Amer], `benu'fishuree [Brit]
    1. The recipient of funds or other benefits
      - donee 
    2. The semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause
      - benefactive role
    Adjective: beneficiary  `benu'fishee`eree [N. Amer], `benu'fishuree [Brit]
    1. Having or arising from a benefice
      "a beneficiary baron"

    Derived forms: beneficiaries

    See also: benefice

    Type of: participant role, receiver, recipient, semantic role

    Encyclopedia: Beneficiary


  • [Business]
    AmE / noun [C] (plural beneficiaries)

    1

    a person who gains an advantage as a result of sth:

    Who will be the main beneficiary of the cuts in income tax?

    2 (Law )

    a person who receives money or property when sb dies:

    She is the sole beneficiary under her father's will.

    3 (Law )

    the person that a trust keeps and looks after property or money for TRUSTEE

    4 (Finance )

    a person or company that receives a payment of money:

    the beneficiary of a cheque

    In order to transfer the funds you will need to know the beneficiary account number and bank code.


  • [Economics]
    1) A person for whose benefit a trust exists.

    2) A person who benefits under a will.

    3) A person who receives money from the proceeds of a letter of credit.

    4) A person who receives payment at the conclusion of a transaction, e.g. a retailer who has been paid by a customer by means of a credit card.


  • [Finance]
    Term used to refer to the person who receives the benefits of a trust or the recipient of the proceeds of a life insurance policy.

  • [Law]
    n. 1. A person entitled to benefit from a trust. The beneficiary holds a beneficial interest in the property of which a trustee holds the legal interest. A beneficiary was formerly known as the cestui que trust.
    2. One who benefits from a will.
Examples
  • The transferee is called the second beneficiary.
  • His wife constance was designated as his beneficiary.
  • Nonetheless, the beneficiaries were generally from the bottom half of the population in terms of income.
  • In due course i became a beneficiary of this state of affairs and of this bias of the media.
  • The issuing bank will sell the banker's acceptance in the market and remit the funds to the beneficiary.
  • The projections show that the main beneficiaries of unilateral liberalization are the liberalizers themselves.
  • The preference schemes appear also to erode the interest of their beneficiaries in promoting general trade liberalization.
  • Such undertakings shall neither be amended nor cancelled without the agreement of the issuing bank, the confirming bank and the beneficiary.
  • Buddha gate disciples have been the beneficiaries
  • Position : stand by side and face the beneficiary
  • More examples:  1  2  3  4  5
What is the meaning of beneficiary and how to define beneficiary in English? beneficiary meaning, what does beneficiary mean in a sentence? beneficiary meaningbeneficiary definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.