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Beneficiary
(redirected from beneficiaries)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.07 sec.
Beneficiary
A person or entity named in a will or financial contract as the inheritor of property when the property owner dies.

Notes:
A beneficiary can be a spouse, child, charity, or any entity or person to whom the property owner would like to leave his or her possessions and assets.

Beneficiary
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.
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