Beneficiary Financial Glossary
What is it? An individual named as the recipient of the income or principal of an estate or trust.Finance Term Definition Added By: Alexander
The Beneficiary definition has been viewed 662 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 Banner is The name of the enterprise resource planning (ERP) software that was purchased from SCT Corporation (recently acquired by Sungard). A comprehensive, integrated information system. The finance module of this administrative software is used to record financial transactions resulting from activity at the University. It stores transactional data in an Oracle relational database, and users view information via a Web-based self-service system.Financial Term Settlement Statement is A statement prepared by broker, escrow, or lender, giving a complete breakdown of costs involved in a real estate sale. A separate statement is prepared for the seller and buyer.
Financial Term Reinsurance is The practice whereby one insurance company transfers part or all of the risk it has accepted to another insurance company (the reinsurer).
Financial Term SAYE is Save as you earn
Financial Term Repo (Repurchase Agreement) is Purchase of Treasury securities from a securities dealer with an agreement that the dealer will repurchase them at a specified price.