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alternate payee
al·ter·nate pay·ee (plural al·ter·nate pay·ees)


noun 
Definition:
 
alternate retirement plan beneficiary: somebody who is named in a retirement plan, e.g. a spouse, who will receive benefits if the holder dies before the plan matures
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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