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A Beneficiary Is a Person Designated to Receive Something,such as Life

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A beneficiary is a person designated to receive something,such as life insurance proceeds,from the insured.


Definitions:

Midpoint Formula

A method used in geometry and economics to find the midpoint or the average of two points on a line segment.

Consumer Expenditure

The total amount spent by consumers on goods and services in a given period.

Total Revenue

The overall amount of money generated from the sale of goods and services before any expenses are subtracted.

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