beneficiary Hear it!

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

  1. a holder of a benefice
  2. anyone receiving benefit
  3. a person named to receive the income or inheritance from a will, insurance policy, trust, etc.
  4. Law a person for whose benefit a trust has been created

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