The beneficiary is defined as the person who benefits from something such as a will or a life insurance policy.(noun)
An example of a beneficiary is the person who you leave your house to when you die.
See beneficiary in Webster's New World College Dictionary
Origin: L beneficiarius
noun pl. beneficiaries
See beneficiary in American Heritage Dictionary 4
noun pl. ben·e·fi·ci·ar·ies
Origin: Medieval Latin beneficiārius, holder of a feudal benefice
Origin: , from Latin, soldier granted privileges
Origin: , from beneficium, benefit; see benefice.
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