Contingent Beneficiary

A legal entity which is set to receive benefits in the event that the primary beneficiary is incapable of collecting.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: Contingent Deferred Sales Charge, Contingent Remainder, Convenience Goods, Conversion Value, Convertible Bond, Convertible Loan, Conveyance, Cookie Jar Accounting, Co-op, Cooperative

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