beneficiary

Definition
An individual, institution, trustee, or estate which receives, or may become eligible to receive, benefits under a will, insurance policy, retirement plan, annuity, trust, or other contract.




beneficiary is ...
... part of the
Insurance, Law & Estate Planning and Retirement subjects.


Related Terms

contingent beneficiary -
equitable owner -
insurable interest -  More
accelerated benefits, blind trust, business life insurance, charitable remainder trust, death benefit, distribution, endowment insurance, financial needs approach, fixed benefits, generation-skipping transfer  and  


beneficiary appears in the definitions of these other terms on BusinessDictionary.com

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