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 (also, in trust law, cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. Most beneficiaries may be designed to designate where the assets will go when the owner(s) dies.