pertaining to management or a manager: managerial functions; the managerial class of society. Origin of managerial. 1760-1770.
Also found in: Dictionary, Thesaurus, Legal, Wikipedia. beneficence. the doing of active goodness, kindness, or charity, including all actions intended to benefit others. It is contrasted to benevolence, which refers to the character trait or moral virtue of being disposed to act for the benefit of others. In bioethics, the principle of beneficence refers to a moral obligation to act for the benefit of others. Not all acts of beneficence are obligatory, but a principle of beneficence asserts an obligation to help others further their interests.
A beneficiary is an individual or entity to whom a deceased benefactor -- known as a decedent -- bequeaths real and personal property, cash or other assets. The will defines the decedent's intended beneficiaries and the inheritance they are to receive. Named beneficiaries have certain rights to the estate and their inheritable assets.