co beneficiary

/ˈkoʊˌbɛnəˈfɪʃiˌɛri/
noun
  1. A person or group that receives benefits or advantages together with one or more others.
    • The charity named several local schools as co-beneficiaries of the donation.
    • As a co-beneficiary of the insurance policy, she was entitled to half the payout.
    • Each co-beneficiary of the trust receives an equal share of the income.
What does "co beneficiary" mean? | whatsthatwordmean | whatsthatwordmean