Report Abuse. carbon dioxide is as much necessary to you body as oxygen. The body requires a delicate balance between Co2 and O2 for living and functioning.
A letter of credit generally has three participants: the beneficiary (the person or company who will be paid), the buyer of the goods or services (sometimes called the applicant), and the issuing bank (the institution issuing the letter of credit). The beneficiary may request payment to an advising bank, which is a bank where
DEFINITION of 'Named Beneficiary'. This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts, IRAs, or any other instrument, to whom benefits are paid. Named beneficiaries are the beneficial owners of the property and will share in the proceeds at the time of disposition.In an annuity policy, for example, the policyholder and the named beneficiary may be the same person. Next Up.amed beneficiaries are the beneficial owners of the property and will share in the proceeds at the time of disposition. In an annuity policy, for example, the policyholder and the named beneficiary may be the same person. Next Up.