📖 Definitions of "Beneficiaries"
noun
- 1
One who benefits or receives an advantage.
"You are the lucky beneficiary of this special offer."
- 2
One who benefits from the distribution, especially of an estate.
"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."
- 3
One who benefits from the payout of an insurance policy.
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