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benefitiary

 

Definitions from the Web

Beneficiary

Part of Speech: Noun

Senses:

  1. An individual or organization that receives benefits, profits, or advantages.
  2. A person designated to receive funds, property, or assets under a will, trust, insurance policy, or other legal arrangement.

Usages:

  1. He was the sole beneficiary of his late father's vast fortune.
  2. The charity organization acts as a beneficiary of various fundraising events.
  3. John named his sister as the beneficiary of his life insurance policy.

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