Simple definition
A person or entity intended to receive a benefit under an arrangement.
General
What Does Beneficiary Mean?
A person or entity intended to receive a benefit under an arrangement.
Example in a contract
A contract may use “beneficiary” when describing a person or entity intended to receive a benefit under an arrangement.
What beneficiary means in a contract
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Why it may matter
These clauses can affect amendment, assignment, waiver, severability, notices, and how the document works as a whole. Review the exact language rather than relying on the label alone.
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FAQ
Questions about beneficiary.
What does beneficiary mean in plain English?+
A person or entity intended to receive a benefit under an arrangement.
Where might beneficiary appear in a contract?+
This type of term often appears in the general or boilerplate provisions that govern how the agreement is interpreted and administered.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.