beneficiary

Definitions

1. One who benefits or receives an advantage.
2. One who benefits from the distribution, especially out of a trust or estate.
3. One who benefits from the payout of an insurance policy.

Equivalents

Examples

“You are the lucky beneficiary of this special offer⟳.”

“The most obvious beneficiary of the visitors' superiority was Frank Lampard. By the end⟳ of the night he was perched 13th in the list of England's most prolific goalscorers, having leapfrogged Sir Geoff Hurst to score⟳ his 24th and 25th international goals. No other player has managed more than the Chelsea midfielder's 11 in World Cup qualification ties, with this a display to roll back the years.”

“LSC provides grants to nonprofits nationwide that in turn⟳ provide⟳ civil legal aid to those who otherwise can't afford⟳ it. The beneficiaries of LSC funding include⟳ homeless veterans, low-income workers and victims of domestic abuse.”

“If any beneficiary does not survive⟳ the settlor for a period of 30 days then the trustee shall distribute that beneficiary’s share⟳ to the surviving beneficiaries by right of representation.”

“In a second step, the rights to the asset are divided between the trustee, who holds formal title, and the beneficiary, who receives the (future) economic interest⟳.”

CEFR level