Definition of beneficiary

beneficiarynoun

người thụ hưởng

/ˌbenɪˈfɪʃəri//ˌbenɪˈfɪʃieri/

The word "beneficiary" originates from the Latin word "beneficarius," meaning "doing good" or "having a good effect." In law, a beneficiary is an individual or entity that receives benefits or assets under a will, trust, or other legal agreement. The term has been used in English since the 15th century, initially meaning a person who receives a benefit or favor, such as a gift or inheritance. Over time, the term took on a more specific meaning in legal contexts, referring to a person designated to receive a benefit or asset under a legal document, such as a will or trust. Today, the word "beneficiary" is commonly used in many different contexts, including finance, insurance, and estate planning, to refer to an individual or entity that receives a benefit or receipt of assets.

namespace

a person who gains as a result of something

một người đạt được như là kết quả của một cái gì đó

Example:
  • Who will be the main beneficiary of the cuts in income tax?

    Ai sẽ là người hưởng lợi chính từ việc cắt giảm thuế thu nhập?

a person who receives money or property when somebody dies

người nhận tiền hoặc tài sản khi ai đó chết

Example:
  • She was the sole beneficiary of her father’s will.

    Cô là người thừa hưởng duy nhất di chúc của cha cô.

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