direct beneficiary

Definition of "direct beneficiary"
  1. A person who is intentionally favored by the parties involved in a contract to receive a benefit
How to use "direct beneficiary" in a sentence
  1. The company named their workers as the direct beneficiaries of their new healthcare plan.
  2. In the will, the son was clearly identified as the direct beneficiary of the estate.
  3. Using a trust, parents can ensure their child is the direct beneficiary of their wealth.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z