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Annuitant vs. Beneficiary — What's the Difference?

Annuitant vs. Beneficiary — What's the Difference?

Difference Between Annuitant and Beneficiary

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Compare with Definitions

Annuitant

An annuitant is a person who is entitled to receive benefits from an annuity. The payout benefits for an annuitant are based on the person's life expectancy.

Beneficiary

A beneficiary (also, in trust law, cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.

Annuitant

One that receives or is qualified to receive an annuity.

Beneficiary

One that receives a benefit
I am the beneficiary of your generosity.

Annuitant

An officially retired US intelligence officer or other government employee who has been rehired on a contract basis for a specific assignment.
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Beneficiary

The recipient of funds, property, or other benefits, as from an insurance policy or trust.

Annuitant

The recipient of an annuity.

Beneficiary

(Ecclesiastical) The holder of a benefice.

Annuitant

One who receives, or its entitled to receive, an annuity.

Beneficiary

One who benefits or receives an advantage.
You are the lucky beneficiary of this special offer.

Annuitant

The recipient of an annuity

Beneficiary

(legal) One who benefits from the distribution, especially out of a trust or estate.
If any beneficiary does not survive the Settlor for a period of 30 days then the Trustee shall distribute that beneficiary’s share to the surviving beneficiaries by right of representation.

Beneficiary

(insurance) One who benefits from the payout of an insurance policy.

Beneficiary

Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.

Beneficiary

Bestowed as a gratuity.
Beneficiary gifts

Beneficiary

Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
A feudatory or beneficiary king of England.

Beneficiary

Bestowed as a gratuity; as, beneficiary gifts.

Beneficiary

A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.

Beneficiary

One who receives anything as a gift; one who receives a benefit or advantage; esp. one who receives help or income from an educational fund or a trust estate.
The rich men will be offering sacrifice to their Deity whose beneficiaries they are.

Beneficiary

The recipient of funds or other benefits

Beneficiary

The semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause

Beneficiary

Having or arising from a benefice;
A beneficiary baron

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