Santa's brother. "Benny" Clause, as he's more widely known, left the North Pole under a cloud of controversy in order to seek treatment for a candy cane addiction. He's currently living at a halfway house in Queens.
In a financial context, the beneficiary clause allows the owner of an asset to name someone as a beneficiary. This type of provision is a common feature of insurance policies. It also comes up in other financial settings, such as pensions, annuities or retirement accounts.
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Finance: What is a Beneficiary?25 Views
Finance a la shmoop.. what is a beneficiary? well in Latin, bene is
good so this is like a good place to catch fish...well close not [Old man fishing in the ocean]
really but being a beneficiary is good it means you get stuff like if you are
the beneficiary of weird uncle Al's will then you get his odd collection of hair
balls shaped like US presidents and thirty two thousand two hundred sixty [Uncle Al's will appears]
$9.32... in essence then you are the beneficiary of his will you are the one
set up to benefit by the death of someone who wanted to favor you with
their assets when they had you know passed on to the great beyond where hair [Uncle Al with white wings in heaven]
balls will fall....
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