Home
E-Mail
Latest

Beneficiary Financial Glossary

What is it? The person or party entitled to receive the benefits, or proceeds, of the life insurance policy upon the death of the insured person.

Finance Term Definition Added By: Jayden

The Beneficiary definition has been viewed 973 Time(s)!




Send To Friends!

If you'd like to send the Beneficiary definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Beneficiary. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Loss is The amount left over when expenses are higher than all income received.

Financial Term Growth Fund is A mutual fund that invests primarily in stocks for capital appreciation, as opposed to current income.

Financial Term Certificate of Deposit (CD) is A type of deposit account with a minimum initial deposit and fixed term (months until maturity).The current rate will dictate how interest is earned for the term. Usually, interest payments may be added back to the CD or payable by check or deposited to another checking or savings account at the depositors institution. Most CDs automatically renew at the end of a term at the current rate at the time of renewal.

Financial Term Gift Tax Annual Exclusion is The first $10,000 in gifts that an individual can give tax free to another during a calendar year. The amount will be indexed for inflation after 1998. (See Annual Exclusion.)

Financial Term Capital and Interest Mortgage is Also known as a repayment mortgage.