What is a sentence for beneficiary?
What is a sentence for beneficiary?
1, He was the chief beneficiary of his father’s will. 2, Her husband was the chief beneficiary of her will. 3, She was the sole beneficiary of her father’s will. 4, Who will be the main beneficiary of the cuts in income tax?
What is beneficiary example?
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. I am the beneficiary of your generosity.
How do you use benefit in a sentence?
Examples of benefit in a Sentence There are many financial benefits to owning your own home. She is just now starting to reap the benefits of all her hard work. The benefits of taking the drug outweigh its risks. I see no benefit in changing the system now.
What does the word 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 the best definition of a beneficiary?
Definition: In life insurance, the beneficiary is the person or entity entitled to receive the claim amount and other benefits upon the death of the benefactor or on the maturity of the policy. Description: Generally, a beneficiary is a person who receives benefit from a particular entity (say trust) or a person.
Who should be my beneficiary?
Your beneficiary can be a person, a charity, a trust, or your estate. Almost any person can be named as a beneficiary, although your state of residence or the provider of your benefits may restrict who you can name as a beneficiary. Make sure you research your state’s laws before naming your beneficiary.
Is reason and benefit the same?
As verbs the difference between benefits and reason is that benefits is (benefit) while reason is to exercise the rational faculty; to deduce inferences from premises; to perform the process of deduction or of induction; to ratiocinate; to reach conclusions by a systematic comparison of facts.
Which is correct benefited or benefitted?
Benefited and benefitted are both acceptable spellings. Benefited
What is the closest meaning of the word beneficiaries?
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.
What do you mean by beneficiary account?
A beneficiary account is a Demat account in the name of an Individual (single or jointly). Such an account could also be in the name of a Corporate, a partnership firm, a society and a trust. This account is to be used for transacting in commodity balances held by the account holder at Exchange accredited warehouses.
What is the responsibility of a beneficiary?
To determine where an individual’s assets and possessions will go when they die, they need to make plans to administer their estate. Beneficiaries can also acquire a trust from the deceased individual. There may be benefits to trusts due to varying types of trusts.
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.