Beneficiary
Definition, Meaning & Examples
Pronunciation /ˌbɛn.ɪˈfɪʃ.əɹ.i/ · Part of speech noun
Quick meaning: Beneficiary is a noun meaning One who benefits or receives an advantage.
Meaning
One who benefits or receives an advantage.
More Meanings
- (especially trust law) One who benefits from the distribution, especially out of a trust or estate.
- (insurance) One who benefits from the payout of an insurance policy.
- Bestowed as a gratuity.
- Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
Example Sentences
beneficiary gifts
a feudatory or beneficiary king of England
You are the lucky beneficiary of this special offer.
In a second step, the rights to the asset are divided between the trustee, who holds formal title, and the beneficiary, who receives the (future) economic interest.
Word Forms
- beneficiaries
Synonyms for beneficiary
Depending on context, synonyms include donee.
Antonyms for beneficiary
Common opposites include maleficiary.
Related Words
Related dictionary entries include donee, benefit, beneficial, benefactor, trust, grant.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.