beneficiary of money
- (Securities Industry)The party that is the ultimate beneficiary of the cash transfer. The final party is mentioned when different from the creditor, whose account will be credited by the final agent.
Euroclear glossary. 2008.
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beneficiary of money — (Securities Industry) Euroclear Clearing and Settlement glossary The party that is the ultimate beneficiary of the cash transfer. The final party is mentioned when different from the creditor, whose account will be credited by the final agent.… … Financial and business terms
Beneficiary of money — An ISO term. The party to be credited with the proceeds of the securities sale. [/34x] 4*35x … International financial encyclopaedia
Beneficiary's financial institution — An ISO term. The financial institution that is requested to act as the financial agent for the beneficiary. ISO Mail Payment Orders term. 5*35x. ISO Securities Message Types term. The financial institution to which the payment is to be/has… … International financial encyclopaedia
beneficiary — ben·e·fi·cia·ry /ˌbe nə fi shē ˌer ē, fi shə rē/ n pl ries: a person or entity (as a charity or estate) that receives a benefit from something: as a: the person or entity named or otherwise entitled to receive the principal or income or both from … Law dictionary
beneficiary of a gift, will or trust — beneficiary (of a gift, will or trust) England, Wales In the context of a gift, will or trust, a person who receives a gift of money or other assets from a benefactor. The gift can be in the form of an outright gift, or in held in trust for the… … Law dictionary
Money for Madagascar — Logo Money for Madagascar is a UK registered charity (number 1001420) based in Llangadog, South Wales. It was established in 1986 to fund development projects managed by local partners in Madagascar. Money for Madagascar aims to … Wikipedia
beneficiary — Term used to refer to the person who receives the benefits of a trust or the recipient of the proceeds of a life insurance policy. Bloomberg Financial Dictionary * * * beneficiary ben‧e‧fi‧cia‧ry [ˌbenˈfɪʆəri ǁ ˈfɪʆieri] noun beneficiaries… … Financial and business terms
Beneficiary — A beneficiary (also, in trust law, referred to as the cestui que use ) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example: The beneficiary of a life insurance policy … Wikipedia
beneficiary — ben|e|fi|cia|ry [ˌbenıˈfıʃəri US ˈfıʃieri] n plural beneficiaries 1.) someone who gets advantages from an action or change beneficiary of ▪ The rich were the main beneficiaries of the tax cuts. 2.) someone who receives money or property from… … Dictionary of contemporary English
beneficiary */ — UK [ˌbenɪˈfɪʃərɪ] / US [ˌbenəˈfɪʃɪˌerɪ] / US [ˌbenəˈfɪʃərɪ] noun [countable] Word forms beneficiary : singular beneficiary plural beneficiaries 1) someone who gets money or other things from someone who has died 2) formal someone who gets an… … English dictionary