The phrase "ultimate beneficiaries" refers to the people who will ultimately benefit the most from a particular situation or action. These beneficiaries are the ones who receive the greatest advantages or rewards in the end. Full definition
Person who receives trust property after death of a life beneficiary, or ultimate beneficiary of property left by will or trust which wasn't otherwise disposed of in the will or trust. (peace-talks.com)
«As set forth above, Silver was not required to disclose disbursements from the HCRA - Assembly Pool because the fund was, during its existence, off - budget or budgeted as a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.» (politico.com)
It's important to remember that when a campaign is created for an individual, funds are collected, held, and then only transferred directly to ultimate beneficiary of the campaign.» (heavy.com)