/dɪˈzɪɡˌneɪtɪd ˈbɛnɪˌfɪʃieri/ – Phrase
Definition: người hưởng lợi được chỉ định trong chúc thư.
A more thorough explanation: A designated beneficiary is a person or entity named in a legal document, such as a will, trust, or insurance policy, to receive specific assets or benefits upon the death of the individual who created the document. The designation of a beneficiary allows for the transfer of assets or benefits to that individual or entity without the need for probate or other legal proceedings.
Example: The designated beneficiary of the life insurance policy is the spouse of the insured individual.