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Payee vs Beneficiary - What's the difference?

payee | beneficiary |

As nouns the difference between payee and beneficiary

is that payee is one to whom money is paid while beneficiary is one who benefits or receives an advantage.

As an adjective beneficiary is

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

payee

English

Noun

(en noun)
  • One to whom money is paid.
  • Antonyms

    * payer

    beneficiary

    English

    Noun

    (beneficiaries)
  • One who benefits or receives an advantage.
  • You are the lucky beneficiary of this special offer.
  • *{{quote-news, year=2012
  • , date=September 7 , author=Dominic Fifield , title=England start World Cup campaign with five-goal romp against Moldova , work=The Guardian citation , page= , passage=The most obvious beneficiary of the visitors' superiority was Frank Lampard. By the end of the night he was perched 13th in the list of England's most prolific goalscorers, having leapfrogged Sir Geoff Hurst to score his 24th and 25th international goals. No other player has managed more than the Chelsea midfielder's 11 in World Cup qualification ties, with this a display to roll back the years. }}
  • (legal) One who benefits from the distribution, especially of an 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.

    Adjective

    (-)
  • Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
  • * Francis Bacon
  • a feudatory or beneficiary king of England
  • Bestowed as a gratuity.
  • beneficiary gifts