For Beneficiary we have terms and definitions in 28 topics. The topics are Accounting, Canadian Law, Charitable Donation, Charitable Donations, Employee Benefits, Finance, Foreclosure, Frauds and Scams, Fundraising, Genealogy, Health Care, Homeowners Insurance, Insolvency, Insurance, International Business, Investing, Law, Legal, Logistics, Mental Health, Non-Profit Leadership, Nursing Home Abuse, Offshore Trading, Personal Injury Law, Purchasing A Home, Real Estate, Treasury and Volunteer Management.

Beneficiary (Accounting)

is a person who benefits from the terms of a trustpension or provident fundor other deferred income planor an insurance policy. In bankingit is the person in whose favor a letter of credit is issued or a draft is drawn.

Beneficiary (Canadian Law)

In a legal context, a "beneficiary" usually refers to the person for whom a trust has been created. May also be referred to as a " donee" or, for legal tecchies, as a cestui que trust. Trusts are made to advantage a beneficiary ( ie. A settlor (also called a " donor") transfers property to a trustee, the profits of which are to be given to the beneficiairy).

Beneficiary (Charitable Donation)

An individual designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan.

Beneficiary (Charitable Donations)

An individual designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan.

Beneficiary (Employee Benefits)

The person(s) designated by the employee to receive survivor benefits under the term life insurance, accidental death & dismemberment insurance, and the retirement plans.

Beneficiary (Finance)

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 (Foreclosure)

A person entitled to receive money or assets from a trust or an estate. A lender is a beneficiary with a deed of trust or a note as a security for a loan.

Beneficiary (Frauds and Scams)

A person or entity who is the recipient of or will receive some or all proceeds of money or property held by the current owner upon a specified event or condition. With regard to Trusts, t Beneficiary is the person(s), company, trust or estate named by the grantor, settlor or creator to receive the benefits of a trust in due course upon conditions which the grantor established by way of a trust deed. An exception would be the fully discretionary trust. The beneficiary could be a charity, foundation and/or person(s) which or who are characterized by "classes" in terms of their order of entitlement or their hierarchy.

Beneficiary (Fundraising)

The donee, grantee, individual, agency, group or community who receives services and/or funds directly from the providing source.

Beneficiary (Genealogy)

One who receives benefit of trust or property.

Beneficiary (Health Care)

A person designated by an insuring organization as eligible to receive insurance benefits.

Beneficiary (Homeowners Insurance)

This is the person designated in your will, retirement plan, life insurance policy, etc., who will receive a financial benefit when you die.

Beneficiary (Insolvency)

The person who is in receipt, or will be in receipt, of some asset, thing, or thing of value. For example, a person can make a will naming someone, usually their spouse, as beneficiary of their estate.

Beneficiary (Insurance)

The beneficiary is the person named by the insured to whom the proceeds of a life or health insurance policy are payable.

Beneficiary (International Business)

A party who receives a legal benefit.

Beneficiary (Investing)

A person or entity who is the recipient of or will receive some or all proceeds of money or property held by the current owner upon a specified event or condition. Such vehicles as life insurance policies, inheritances, annuities or trusts may require that a beneficiary be named.

Beneficiary (Law)

Someone named to receive property or benefits in a will. In a trust, a person who is to receive benefits from the trust.

Beneficiary (Legal)

Someone named to receive property or benefits in a will. In a trust, a person who is to receive benefits from the trust.

Beneficiary (Logistics)

Entity to whom money is payable.

Beneficiary (Mental Health)

A person certified as eligible for health care services. A beneficiary may be a dependent or a subscriber.

Beneficiary (Non-Profit Leadership)

The donee, grantee, individual, agency, group or community who receives services and/or funds directly from the providing source.

Beneficiary (Nursing Home Abuse)

In the context of Medicare and Medicaid programs, the name for the person who has insurance through Medicare or Medicaid.

Beneficiary (Offshore Trading)

The person(s), company, trust or estate named by the grantor, settlor or creator to receive the benefits of a trust in due course upon conditions which the grantor established by way of a trust deed. An exception would be the fully discretionary trust. The beneficiary could be a charity, foundation and/or person(s) which or who are characterized by classes in terms of their order of entitlement or their hierarchy.

Beneficiary (Personal Injury Law)

Someone named to receive property or benefits in a will. In a trust, a person who is to receive benefits from the trust.

Beneficiary (Purchasing A Home)

The person designated to receive the income from a trust, estate, or a deed of trust.

Beneficiary (Real Estate)

(1) One entitled to the benefit of a trust; (2) One who receives profit from an estate, the title of which is vested in a trustee; (3) The lender on the security of a note and deed of trust.
Blanket Encumbrance A single mortgage or trust deed which covers more than one piece of real estate.

Beneficiary (Treasury)

An individual designated by name who will become the owner only upon the death of the owner of the security. Bonds recorded with the name of a Beneficiary are registered, for example; "John Smith Payable on Death (POD) to Jane Smith." "Jane Smith" is the Beneficiary. "John Smith" is the owner and may grant View rights to the Beneficiary.

Beneficiary (Volunteer Management)

The donee, grantee, individual, agency, group or community who receives services and/or funds directly from the providing source.

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