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.
DEFINITION of 'Contingent Beneficiary'. 1. A beneficiary specified by an insurance contract holder who will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.f both the primary and contingent beneficiaries are unavailable, what happens to ... One of the most common mistakes in estate planning is not keeping beneficiary designations up to date on life insurance policies ...