beneficiaryben·e·fi·cia·ry /ˌbenəˈfɪʃəri-ˈfɪʃieri/ noun (plural beneficiaries) [countableC]1LAWINSURANCE a person who receives money or property from someone who has diedDorothy’s son was her sole beneficiary.
2any person or organization that gets an advantage or help from somethingOil companies were the main beneficiaries of the budget.