beneficiary

American  

[ben-uh-fish-ee-er-ee, -fish-uh-ree] / ˌbɛn əˈfɪʃ iˌɛr i, -ˈfɪʃ ə ri /

noun

plural

beneficiaries

1. a person or group that receives benefits, profits, or advantages.

2. a person designated as the recipient of funds or other property under a will, trust, insurance policy, etc.

3. Ecclesiastical. the holder of a benefice.

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beneficiary British  

/ ˌbɛnɪˈfɪʃərɪ /

noun

1. a person who gains or benefits in some way from something

2. law a person entitled to receive funds or other property under a trust, will, or insurance policy

3. the holder of an ecclesiastical or other benefice

4. a person who receives government assistance

   social security beneficiary

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adjective

1. of or relating to a benefice or the holder of a benefice

beneficiary Cultural  

1. The recipient of funds, property, or other benefits from an insurance policy, will, trust, or other settlement.

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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

Corning stock is up 131% over the past 12 months as investors continue to bet that the glassmaker will be a beneficiary of the artificial intelligence boom.

From Barron's

That money has to go somewhere, and chip suppliers look like prime beneficiaries, especially as cloud operators rush to add capacity.

From MarketWatch

That money has to go somewhere, and chip suppliers look like prime beneficiaries, especially as cloud operators rush to add capacity.

From MarketWatch

In our view, 4Q performance further validates Alphabet’s position as a leading AI beneficiary.”

From The Wall Street Journal

Another beneficiary reported paying service charges of £750 per month on a flat that has been empty for four years, describing it as a "never-ending nightmare", adding: "It is infuriating and heartbreaking in equal measure."

From BBC

Related Words

• heir
• recipient