What does beneficiary mean? candidate caretake heir or investor

Answer 1

The term "beneficiary" refers primarily to a person or entity that receives benefits or advantages from something, such as a will, trust, or insurance policy. In this context, the most appropriate meaning of "beneficiary" among your options is "heir," as beneficiaries are often individuals who inherit assets from a deceased person's estate. While beneficiaries can also be involved in certain financial agreements (like investors receiving payouts), the term is most directly associated with those who benefit from a legal arrangement concerning inheritance or assets.