The meaning of BENEFICIARY is a person or thing that receives help or an advantage from something : one that benefits from something. How to use beneficiary in a sentence. Did you know?
What is a beneficiary in a will?
Beneficiary is often used in connection with life insurance, but it shows up in many other contexts as well. A college may be the beneficiary of a private donation. Your uncle's will may make a church his sole beneficiary, in which case all his money and property will go to it when he dies.
What does benefit mean?
Get a quick, free translation! BENEFICIARY definition: 1. a person or group who receives money, advantages, etc. as a result of something else: 2. a…. Learn more.