What is BENEFICIAIRE?

The person in whose favor a promissory note or bill of exchange is payable; or any person in whose favor a contract of any description is executed. Arg. Fr. Merc. Law, 547.

More On This Topic



Link to This Definition
Did you find this definition of BENEFICIAIRE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary