- beneficiary [ben΄ə fish′ē er΄ē, ben΄əfish′ər ē]adj.[L beneficiarius]of or holding a beneficen.pl. beneficiaries1. a holder of a benefice2. anyone receiving benefit3. a person named to receive the income or inheritance from a will, insurance policy, trust, etc.4. Law a person for whose benefit a trust has been created
English World dictionary. V. Neufeldt. 2014.