beneficiary

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1-12 of 12 possibilities

Definition/MeaningWord/Phrase
(law) an increase in a beneficiary's share in an estate (as when a co-beneficiary dies or fails to meet some condition or rejects the inheritance) accretion
insurance or pension money payable to a beneficiary of a deceased death benefit
trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate discretionary trust
life insurance for a specified amount which is payable to the insured person at the expiration of a certain period of time or to a designated beneficiary immediately upon the death of the insured endowment insurance
person who holds assets in trust for a beneficiary fiduciary
legal duty of a fiduciary to act in the best interests of the beneficiary fiduciary duty
object that is the recipient or beneficiary of the action of the verb indirect object
beneficiary of a pension fund pensionary , pensioner
savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary savings account trust , savings bank trust , Totten trust , trust account , trustee account
trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence spendthrift trust
something (as property) held by one party (the trustee) for the benefit of another (the beneficiary) trust
responsibility of a trustee to act in the best interests of the beneficiary trustee-beneficiary relation
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