Beneficiary
Term · Law · MLC-T-LAW-000699
An individual or entity designated to receive assets, benefits, or advantages from a will, trust, insurance policy, or other legal instrument. The beneficiary has a legal right to the specified distributions or proceeds. Their rights are typically defined by the terms of the governing document.
| Identifier | MLC-T-LAW-000699 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000699",
"term": "Beneficiary",
"field": "Law",
"definition": "An individual or entity designated to receive assets, benefits, or advantages from a will, trust, insurance policy, or other legal instrument. The beneficiary has a legal right to the specified distributions or proceeds. Their rights are typically defined by the terms of the governing document.",
"url": "https://mlchart.com/terminology/law/beneficiary/"
}
Record 498 of 5,445 in Law terminology (MLC-0107). Request the full dataset.