The chart below shows NHL minimum and maximum player salaries by year since 2005. The team salary cap has increased 83% since 2005, providing for maximum player salary to rise by the same margin.Minimum wage, on the other hand, has increased only 28% during that span.he maximum player salary was capped at 20% of the team salary cap. Meanwhile, the minimum player salary jumped 257% from $180,000 to $450,000 with fixed bumps in future years.
What is a 'Primary Beneficiary'. A primary beneficiary is a beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can be more than one primary beneficiary. Next Up.
Beneficiary Definition (What Is a Beneficiary?) B eneficiary definition: one who benefits from being named in a will, insurance policy, or RRSP. The more traditional definition of beneficiary is heir. A beneficiary, meaning someone who receives all or part of an estate, may receive money, property, or both. Beneficiaries can be people or organizations, like charities. What is a Beneficiary? Get Specific. There are two types of beneficiaries. The first is the residual beneficiary. Residual beneficiaries receive all or part of the estate. The second type is the non-residual beneficiary. This beneficiary receives a specific gift, such as a piece of jewelry or a specific amount of money.