direct beneficiary

person designated to receive funds or property (from a trust, insurance policy, etc.)

English contemporary dictionary. 2014.

Look at other dictionaries:

  • direct beneficiary — see beneficiary d Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • beneficiary — ben·e·fi·cia·ry /ˌbe nə fi shē ˌer ē, fi shə rē/ n pl ries: a person or entity (as a charity or estate) that receives a benefit from something: as a: the person or entity named or otherwise entitled to receive the principal or income or both from …   Law dictionary

  • beneficiary — /ben euh fish ee er ee, fish euh ree/, n., pl. beneficiaries. 1. a person or group that receives benefits, profits, or advantages. 2. a person designated as the recipient of funds or other property under a will, trust, insurance policy, etc. 3.… …   Universalium

  • Direct debit — A direct debit or direct withdrawal is an instruction that a bank account holder gives to his or her bank to collect an amount directly from another account. It is similar to a direct deposit but initiated by the beneficiary. It is also called… …   Wikipedia

  • Direct credit substitute guarantee issued —   Accounts which contain guarantees issued in respect of loans granted by the beneficiary of the guarantee as well as their contra account. See also Credit substitute guarantee …   International financial encyclopaedia

  • incidental beneficiary — see beneficiary d Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. incidental beneficiary n. A person who is …   Law dictionary

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