- primary beneficiary
-
primary beneficiary see beneficiary b
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
primary beneficiary
Look at other dictionaries:
Primary Beneficiary — A beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can… … Investment dictionary
primary beneficiary — (Insurance) first person eligible to receive the insurance payments to be paid by a policy; first person to benefit from inheritance or trust fund money … English contemporary 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
Beneficiary — A beneficiary (also, in trust law, referred to as the cestui que use ) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example: The beneficiary of a life insurance policy … Wikipedia
primary — First; principal; chief; leading. First in order of time, or development, or in intention. As to primary conveyance primary election primary obligation primary vein, see those titles @ primary activity Concerted action such as a strike or… … Black's law dictionary
beneficiary — /benafish(iy)ary/ One who benefits from act of another. A party who will benefit from a transfer of property or other arrangement. Examples include the beneficiary of a trust, the beneficiary of a life insurance policy, and the beneficiary of an… … Black's law dictionary
beneficiary — /benafish(iy)ary/ One who benefits from act of another. A party who will benefit from a transfer of property or other arrangement. Examples include the beneficiary of a trust, the beneficiary of a life insurance policy, and the beneficiary of an… … Black's law dictionary
Primary Insurance Amount — The Primary Insurance Amount (abbreviated PIA [ [https://s044a90.ssa.gov/apps10/poms.nsf/lnx/0300601002!opendocument POMS RS 00601.002] ] ), for the purposes of the Social Security Administration, is the amount which is used as the beginning… … Wikipedia
Beneficiary Clause — A beneficiary clause is a provision in a life insurance policy or other investment vehicle such as an annuity or IRA that permits the policy owner to name individuals as primary and secondary beneficiaries. The policy owner typically may change… … Investment dictionary
