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.
Beneficiary. A beneficiary is a person or an entity, such as a charity, who is named to receive assets from an estate, a trust or an insurance policy. A person drafting a will may name individuals and organizations as beneficiaries.Beneficiaries can be a spouse, children and grandchildren, relatives, friends and even pets.he executor must locate the decedentâs assets, file the will in probate court if necessary, notify agencies of the death, establish a bank account in the name of the estate to accept incoming funds and pay expenses, and distribute remaining property to beneficiaries and heirs.