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

Thill: One beneficiary in software is going to be vertical applications.

From Barron's

It still sees Microsoft as well-positioned in the current market, noting that the Magnificent Seven company is one of the most “notable” AI beneficiaries in the software sector.

From Barron's

It still sees Microsoft as well-positioned in the current market, noting that the Magnificent Seven company is one of the most “notable” AI beneficiaries in the software sector.

From Barron's

“In the unlikely event that you ever need to terminate the trust, you may do so if the trustees and beneficiaries agree.”

From MarketWatch

His offense was trying to close an old life insurance policy that listed his dissident daughter as the beneficiary.

From The Wall Street Journal

Related Words

• heir
• recipient