Absolute Beneficiary

Business, Legal & Accounting Glossary

Definition: Absolute Beneficiary

Absolute Beneficiary

Full Definition of Absolute Beneficiary

A type of insurance beneficiary designation that is not able to be changed unless the company has the written consent of that beneficiary. Also called irrevocable beneficiary.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Absolute Beneficiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/absolute-beneficiary/.
Chicago Manual of Style (CMS):
Absolute Beneficiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/absolute-beneficiary/ (accessed: December 07, 2021).
American Psychological Association (APA):
Absolute Beneficiary. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/absolute-beneficiary/

Definition Sources

Definitions for Absolute Beneficiary are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.