In life insurance lingo, the beneficiary is the person who is given the financial protection upon the death of the insured person.
The Plains hope this helps
After World War 2, the U.S. emerged as a world superpower and our economy was booming. Our nation was extremely rich, basically.
Hamilton and his associates, typically urban bankers and businessmen, then formed the Federalist Party to promote their shared political ideas. Federalists believed in a centralized national government with strong fiscal roots. In addition, the Federalists felt that the Constitution was open for interpretation.