BENEFICIARY (2)

Ben′e‐fi″ci‐a‐ry, n.; pl. Beneficiaries (�). 1. 1. A feudatory or vassal; hence, one who holds a benefice and uses its proceeds. Ayliffe.
2. 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. Jer. Taylor.