Reference > The New Dictionary of Cultural Literacy > 18. Business and Economics
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  The New Dictionary of Cultural Literacy, Third Edition.  2002.
 
beneficiary
 
 
(ben-uh-FISH-ee-er-ee, ben-uh-FISH-uh-ree) The recipient of funds, property, or other benefits from an insurance policy, will, trust, or other settlement.  1
 
 
The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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