1. a person who receives money, property, or other benefits from a will, insurance policy, or trust
2. a person who derives advantage from something, especially a trust, will, or life insurance policy

1. receiving or entitled to receive advantage, profit, or benefit
Usage: formal

Examples

• She named her daughter as the primary beneficiary of her life insurance policy.
• The scholarship beneficiaries were announced at the ceremony.
• As the sole beneficiary of his uncle's estate, he inherited the entire fortune.
• The trust fund has three beneficiaries who will receive equal shares.
• Children from low-income families are the main beneficiaries of the free lunch program.
• The beneficiary nations received substantial aid after the natural disaster.
• He was listed as a beneficiary on his employer's retirement plan.