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Beneficiary
Term used to refer to the person who receives the benefits of a trust or the recipient of the proceeds of a life insurance policy.
Beneficiary
The Person who is entitled to receive funds of property under the terms and provisions of a will, trust, insurance policy or security instrument. In connection with a mortgage loan the beneficiary is the lender.
Beneficiary
A person who benefits from a trust set up on his/her behalfAnyone who benefits from the proceeds of a willA person who benefits from the proceeds of a life insurance policyIn short, anyone who stands to benefit from a contractual or fiduciary relationship.
Similar MatchesIncome beneficiaryIncome beneficiary
One who receives income from a trust.
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