Looking for the meaning or definition of the word beneficiary? That's all it means.
a group or individual that gains something
beneficiary, donee(noun)the recipient of funds or other benefits
benefactive role, beneficiary(adj)the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause
beneficiary(adj)having or arising from a benefice
"a beneficiary baron"
someone who inherits something when someone diesHe named his only child as the beneficiary on his life insurance policy.
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