释义 |
`1`contingent beneficiary`2` "LAW.COM Dictionary":
n. a person or entity named to receive a gift under the terms of a will, trust or insurance policy, who will only receive that gift if a certain event occurs or a certain set of circumstances happen. Examples: surviving another beneficiary, still being married to the same spouse, having completed college, or being certified as having shaken his/her drug habit.
See also: contingent contingent interest |