Beneficiary

Ben·e·fi·ci·a·ry

Beneficiary

a.
  1. Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
    A feudatory or beneficiary king of England.
  2. Bestowed as a gratuity; as, beneficiary gifts.

Beneficiary

n.

pl. Beneficiaries

  1. A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.
  2. One who receives anything as a gift; one who receives a benefit or advantage; esp. one who receives help or income from an educational fund or a trust estate.
    The rich men will be offering sacrifice to their Deity whose beneficiaries they are.