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Definition of beneficiary noun from the Oxford Advanced Learner's Dictionary

Academic

beneficiary

noun
beneficiary pronunciation English ˌbenɪˈfɪʃəri beneficiary pronunciation American ˌbenɪˈfɪʃieri
plural beneficiaries
 
1 beneficiary (of something) a person who gains as a result of somethingWho will be the main beneficiary of the cuts in income tax?2 beneficiary (of something) a person who receives money or property when somebody diesShe was the sole beneficiary of her father's will.