Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun Insurance money payable to a deceased person's stipulated beneficiary.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun insurance or pension money payable to a beneficiary of a deceased

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  • The amount of money an account (life insurance, annuity, etc.) will pay to beneficiary upon death of the account owner.

    April 14, 2009

  • A death reward. Unfortunately, the irony will be lost on you.

    April 14, 2009