/ˌbɛnɪˈfɪʃiˌɛri ʌv ə ˈrikɔrs/ – Phrase
Definition: người thụ hưởng việc truy đòi.
A more thorough explanation: A beneficiary of a recourse is a party who is entitled to receive payment or other benefits under a recourse agreement, which is a legal contract that allows a creditor to seek payment from a third party if the debtor defaults on the obligation. The beneficiary of a recourse is typically the party who will receive the proceeds from the third party in the event of default by the debtor.
Example: The beneficiary of a recourse in this case is the lender who has the right to seek repayment from the borrower in the event of default.