Noun:

బెనిఫిస్ యజమాని,

beneficiary's Usage Examples:

A donee beneficiary can sue the promisor directly to enforce the promise.

Contingent beneficiary: If the primary beneficiary predeceases the contract owner, the contingent beneficiary becomes the designated.

The central issue in the case was who had better title to the shares: MacMillan as beneficiary under a trust, or the financial institutions as mortgagees.

A right of action arises only when it appears the object of the contract was to benefit the third party's interests and the third-party beneficiary has either relied on or accepted the benefit.

beneficiary association in Detroit (The Maccabees), and was succeeded by his chief assistant Thomas P.

the person receiving the property is called the beneficiary, donee or disponee, or the successor in the case of inheritance.

provision, a provision in the law of trusts to prevent a beneficiary from lazily living off the trust funds Beach Bum Survey, a study on the prevalence of.

Vesting of rightsOnce the beneficiary's rights have vested, the original parties to the contract are both bound to perform the contract.

known as a notifying bank) advises a beneficiary (exporter) that a letter of credit (L/C) opened by an issuing bank for an applicant (importer) is available.

Section 38 of the Payne–Aldrich Tariff Act of 1909 was the first law to provide a tax-exemption for fraternal beneficiary societies.

A contract made in favor of a third party is known as a third-party beneficiary contract.

Abandonment Profits à prendre cannot be extinguished through mere non-use for a long period of time; there must also be intention on the part of the beneficiary for their rights to be abandoned.

Synonyms:

co-beneficiary, donee, legatee, pensionary, receiver, devisee, recipient, pensioner,

Antonyms:

employer, lender,