beneficiary Definition
- 1a person or group who receives benefits, profits, or advantages
- 2a person who is designated to receive the proceeds of an insurance policy, will, or trust
Using beneficiary: Examples
Take a moment to familiarize yourself with how "beneficiary" can be used in various situations through the following examples!
Example
The charity's beneficiaries are children in need.
Example
She was named as the beneficiary of her grandfather's estate.
Example
The new policy allows for multiple beneficiaries to be named.
beneficiary Synonyms and Antonyms
Phrases with beneficiary
the first person or group designated to receive benefits or assets
Example
If the primary beneficiary is deceased, the benefits will go to the secondary beneficiary.
a person or group designated to receive benefits or assets if the primary beneficiary is unable to receive them
Example
If the primary beneficiary is deceased, the contingent beneficiary will receive the benefits.
a person who is given the benefit of any doubt or uncertainty
Example
The judge gave the defendant the beneficiary of doubt and found him not guilty.
Origins of beneficiary
from Latin 'bene', meaning 'well' + 'facere', meaning 'to do'
Summary: beneficiary in Brief
A 'beneficiary' [ˌbenɪˈfɪʃəri] is a person or group that receives benefits, profits, or advantages, such as a charity's beneficiaries. It can also refer to a person designated to receive the proceeds of an insurance policy, will, or trust, like when someone is named as the beneficiary of their grandfather's estate. 'Beneficiary' extends into phrases like 'primary beneficiary,' denoting the first person or group designated to receive benefits or assets, and 'beneficiary of doubt,' referring to a person who is given the benefit of any doubt or uncertainty.
