BENEFICIARY

beneficiary. Beneficiary, n. one who has or holds a benefice

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Ben′e‐fi″ci‐a‐ry (�), a. [[Cf. F. bénéficiaire, LL. beneficiarius.]] 1. 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. Bacon. 2. 2. Bestowed as a gratuity; as, beneficiary gifts.