How do you use beneficiary in a sentence?
How do you use beneficiary in a sentence?
Beneficiary in a Sentence 🔉
- As the billionaire’s only beneficiary, Cheryl will receive the entire estate.
- My husband has listed me as the beneficiary of his life insurance policy.
- Under the new welfare system, the beneficiary receives a debit card that is automatically reloaded with funds on the first of every month.
Which is an example of a beneficiary?
An example of a beneficiary is the person who you leave your house to when you die. One that receives a benefit. I am the beneficiary of your generosity. A person named to receive the income or inheritance from a will, insurance policy, trust, etc.
What is inheritance in a sentence?
any attribute or immaterial possession that is inherited from ancestors. (1) She feared losing her inheritance to her stepmother. (2) She spent all her inheritance in a year. (3) She came into her inheritance at eighteen.
Is beneficiary singular or plural?
The plural form of beneficiary is beneficiaries.
What are beneficiary details?
The person to whom the payment is to be made needs to be added as a ‘beneficiary’ and his bank account details provided in order to transfer the funds. These include the name of the beneficiary account holder, account number, bank and branch name, and the IFSC code of the beneficiary bank branch.
What is the verb form of beneficiary?
benefit. (transitive) To be or to provide a benefit to. (intransitive) To receive a benefit (from); to be a beneficiary.
What you mean by inheritance?
1 : something that is or may be inherited. 2a : the act of inheriting property. b : the reception of genetic qualities by transmission from parent to offspring. c : the acquisition of a possession, condition, or trait from past generations.
How do you inherit something?
something that is or may be inherited; property passing at the owner’s death to the heir or those entitled to succeed; legacy. the genetic characters transmitted from parent to offspring, taken collectively.
What is bank transfer beneficiary?
A beneficiary is the person you’re sending money to – also known as a recipient. A beneficiary can be a person, or a business entity. A beneficiary bank is the bank which holds the account you’re sending money to.
What is the meaning of beneficiary account number?
It is the account number of the person or company you’ve decided to send money, in banking terms the person who is receiving the funds is known as beneficiary and the person who is sending money is known as payee.
How to use “beneficence” in a sentence?
- His beneficence was well known.
- The enterpriser’s beneficence is well – known.
- The last little act of beneficence soothed Bonhag’s lacerated soul a little.
- Beneficence — The ethellocal principle of behaving in a way that promotes the well-being of others.
What does it mean to be a beneficiary?
A beneficiary is any person who gains an advantage and/or profits from something. In the financial world, a beneficiary typically refers to someone eligible to receive distributions from a trust, will or life insurance policy.
What is an example of beneficiary?
The beneficiary is defined as the person who benefits from something such as a will or a life insurance policy. An example of a beneficiary is the person who you leave your house to when you die. YourDictionary definition and usage example. “Beneficiary.”.
What is the definition of beneficiary?
Definition of beneficiary. 1 : a person or thing that receives help or an advantage from something : one that benefits from something the main beneficiaries of these economic reforms.