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Heir

Categories: Trusts and Estates

The one who gets grandmama's burlesque theater receipts fortune when she dies.

The heir is the beneficiary when someone they presumably loved...dies...and leaves them their dough. The "h" is not pronounced; it should not be confused with an awesome '70s musical where the performers walk buck naked along the audience armrests in the center aisle.

Find other enlightening terms in Shmoop Finance Genius Bar(f)