Beneficiary Definition & Meaning
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noun
plural
beneficiaries-
a person or group that receives benefits, profits, or advantages.
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a person designated as the recipient of funds or other property under a will, trust, insurance policy, etc.
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Ecclesiastical. the holder of a benefice.
noun
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a person who gains or benefits in some way from something
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law a person entitled to receive funds or other property under a trust, will, or insurance policy
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the holder of an ecclesiastical or other benefice
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a person who receives government assistance
social security beneficiary
adjective
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of or relating to a benefice or the holder of a benefice
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The recipient of funds, property, or other benefits from an insurance policy, will, trust, or other settlement.
Other Word Forms
- prebeneficiary noun
Etymology
Origin of beneficiary
First recorded in 1605–15; from Latin beneficiārius, from benefici(um) benefice + -ārius -ary
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
As beneficiaries of the trust, the men could also be paid tens of millions of dollars each from whatever remains when the claims are settled.
From BBC
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Texas has been a beneficiary as more executives voice frustrations with traditional corporate havens such as Delaware and New Jersey.
From The Wall Street Journal
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Potential beneficiaries of this crunch could be coal companies in South Africa, Australia, and Indonesia that Asian economies may turn to in a pinch.
From Barron's
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MoffettNathanson said that unlike many of its competitors, YouTube is well positioned to “be a major beneficiary of both the structural tailwinds and headwinds facing technology and media companies.”
From MarketWatch
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Survivor benefits go to eligible family members after a beneficiary dies.
From MarketWatch
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Related Words
- heir
- recipient
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
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