beneficiary

ben·e·fi·cia·ry

noun
\ˌbe-nə-ˈfi-shē-ˌer-ē, -e-rē, -ˈfi-sh(ə-)rē\

plural ben·e·fi·cia·ries

Definition of BENEFICIARY

1

: one that benefits from something

2

a : the person designated to receive the income of a trust estate b : the person named (as in an insurance policy) to receive proceeds or benefits

— beneficiary adjective

Examples of BENEFICIARY

1. The college was a beneficiary of the private grant.

First Known Use of BENEFICIARY

1662

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with BENEFICIARY

devolutionary, eleemosynary, evidentiary, evolutionary, extraliterary, insurrectionary, intermediary, paramilitary, penitentiary, quatercentenary, revolutionary, sesquicentenary, supernumerary, valetudinary