The word 'Beneficiary' is a highly important term used constantly in banking (money transfers), life insurance policies, wills, and government schemes.
The root word is 'Benefit', which means 'பயன்' (Payan) or 'நன்மை' (Nanmai) in Tamil.
You can assign multiple beneficiaries in an insurance policy, dividing the money (e.g., 50% to spouse, 50% to children).
A Benefactor is the person *giving* the money or help. In Tamil, it is 'உதவி செய்பவர்' (Udhavi seibavar) or 'கொடையாளி' (Kodaiyaali). The Beneficiary is the one *receiving* it.
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