People or organizations chosen to receive money or property from a will, insurance policy, retirement account, or trust.
The beneficiaries received their inheritance.
The beneficiaries of the trust will receive the money next month.
American English
/ˌbɛ.nəˈfɪ.ʃiˌɛɹ.iz/
6 syllables · Stress the third syllable.
Form of beneficiary
People or organizations chosen to receive money or property from a will, insurance policy, retirement account, or trust.
Practice out loudPeople or organizations chosen to receive money or property from a will, insurance policy, retirement account, or trust.
The beneficiaries received their inheritance.
The beneficiaries of the trust will receive the money next month.
People or groups that receive help or gain an advantage from a plan, service, or change.
The charity supports the beneficiaries of the program.
The beneficiaries of the scholarship were thrilled.
to officially choose who will receive money or property
You can designate a beneficiary for your retirement account.
to officially choose someone to receive money or property
She named her sister as a beneficiary.
The plural is beneficiaries, not beneficiarys.