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beneficiary
beneficiary definition
ben·efi·ci·ary (ben′ə fis̸h′ē er′ē, -fis̸h′ər ē)
adjective
of or holding a benefice
Etymology: L beneficiarius
noun pl. beneficiaries -·ar′·ies
- a holder of a benefice
- anyone receiving benefit
- a person named to receive the income or inheritance from a will, insurance policy, trust, etc.
- Law a person for whose benefit a trust has been created
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