Beneficiary for Dummies
noun
pronunciation: ,bɛnə'fɪʃi,ɛriWhat does Beneficiary really mean?
Hey there! So, the word "beneficiary" is a little tricky, but I'll do my best to explain it in a way that makes sense for you.
Okay, so the word "beneficiary" basically means someone who receives benefits or advantages from something. For example, if your grandparent had a life insurance policy and they passed away, you might be the beneficiary of that policy, which means you would receive the money from it. In this case, you would be the person who benefits from the policy.
But it's not just about money. A beneficiary could also be someone who benefits from a trust, a will, or even a scholarship. It's basically someone who receives something good or helpful because of someone else's actions or decisions.
So, to put it in really simple terms, a beneficiary is like the person who gets a gift or something valuable from someone else. It's like being on the receiving end of something good.
I hope that helps you understand what "beneficiary" means! Let me know if you have any other questions.
Okay, so the word "beneficiary" basically means someone who receives benefits or advantages from something. For example, if your grandparent had a life insurance policy and they passed away, you might be the beneficiary of that policy, which means you would receive the money from it. In this case, you would be the person who benefits from the policy.
But it's not just about money. A beneficiary could also be someone who benefits from a trust, a will, or even a scholarship. It's basically someone who receives something good or helpful because of someone else's actions or decisions.
So, to put it in really simple terms, a beneficiary is like the person who gets a gift or something valuable from someone else. It's like being on the receiving end of something good.
I hope that helps you understand what "beneficiary" means! Let me know if you have any other questions.
Revised and Fact checked by Linda Miller on 2023-11-16 00:02:53
Beneficiary In a sentece
Learn how to use Beneficiary inside a sentece
- Sarah is the beneficiary of her grandmother's will, so she will inherit her house and money.
- The charity organization is the beneficiary of the fundraiser, so they will receive all the proceeds from the event.
- As the sole beneficiary of the life insurance policy, Tom will receive a large sum of money after his father's passing.
- The scholarship program aims to benefit the beneficiary by providing financial support for their education.
- The farmer's market is the beneficiary of the new irrigation system, as it will help them grow more crops and increase their income.
Beneficiary Synonyms
Words that can be interchanged for the original word in the same context.
Beneficiary Hypernyms
Words that are more generic than the original word.
Beneficiary Hyponyms
Words that are more specific than the original word.
Beneficiary Pertains To
Words to which the original word is relevant