<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/Rt7TTPXJ7WX1Jrjufs0Mdr">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R8VN5tK4TtD0GqDw2NCbaLr"/>
  <rdfs:label>Beneficiary</rdfs:label>
  <skos:definition>A beneficiary is an individual or entity designated to receive benefits, assets, or proceeds from a legal matter, including those of an estate, trust, insurance policy, or other financial or legal instruments. The term is commonly used in legal and financial contexts to specify who will benefit from a particular financial arrangement or legal structure.</skos:definition>
</owl:Class>