Beneficiary: Difference between revisions
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== See also == | == See also == | ||
* [[Beneficial owner]] | |||
* [[Deduct from beneficiary]] | * [[Deduct from beneficiary]] | ||
* [[Trust]] | * [[Trust]] | ||
Revision as of 11:15, 17 June 2016
1.
A person or company to whom money is paid. Also known as a payee.
2.
The party that is named by the grantor, settler or creator of a trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.
