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Beneficiary - Meaning and Examples

Meaning of 'Beneficiary' (Webster Dictionary)

1 . Beneficiary [ a.]
- Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
- Bestowed as a gratuity; as, beneficiary gifts.
2 . Beneficiary [ n.]
- A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.
- One who receives anything as a gift; one who receives a benefit or advantage; esp. one who receives help or income from an educational fund or a trust estate.

Meaning of 'Beneficiary' (Princeton's WordNet)

1 . beneficiary [ a]
Meaning (1):
- having or arising from a benefice
Example in sentence:
  • a beneficiary baron

Nearby Words:

ben ben nut bename benamed bench bench warrant benched bencher benches benching

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Related Definitions

  • Secondary Beneficiary
    When the primary beneficiary cannot collect possessions, the Secondary Beneficiary becomes the next one in order. If the primary beneficiary is not alive when the grantor dies...
  • Revocable beneficiary
    Revocable beneficiary designation allowing the policyholder the right to change the beneficiary without consent of the beneficiary.
  • Primary Beneficiary
    An individual or entity identified as the one in line after the death of the owner to receive property is known as a Primary Beneficiary.
  • Irrevocable beneficiary
    Irrevocable beneficiary designation allowing no change to be made in the beneficiary of an insurance policy without the beneficiary’s
  • Contingent Beneficiary
    Contingent Beneficiary of a life insurance policy is entitled to receive the policy proceeds on the insured’s death if the primary beneficiary dies before the insured...
  • Beneficiary
    Beneficiary is the seller or exporter in whose favour the documentary credit has been established.

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