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Meaning of beneficiary
A person or organization that receives or is expected to receive a benefit, especially a payment or advantage.
Etymology of beneficiary
The word "beneficiary" comes from the Latin "beneficium", meaning "a benefit" or "a kindness", and the suffix "-ary", which forms a noun indicating a person or thing that receives or is associated with something.
The word has been used in English since the 15th century to refer to a person who receives a benefit or advantage, especially a payment or gift.
Synonyms
Definitions
- A person who receives or is expected to receive a benefit, especially a payment or advantage.
- A person or organization that receives or is expected to receive a payment or other benefit from a trust, will, or insurance policy.
- A person or organization that receives or is expected to receive a benefit, such as a grant or subsidy, from a government or other organization.
Usage Examples
- The charity was the beneficiary of a large donation from a wealthy philanthropist.
- The trust fund named her as the beneficiary of the estate.
- The company was the beneficiary of a government grant to support its research and development.