Beneficiary

[benɪ'fɪʃ(ə)rɪ] or [,bɛnɪ'fɪʃɪɛri]

Definition

(noun.) the recipient of funds or other benefits.

(adj.) having or arising from a benefice; 'a beneficiary baron' .

Editor: Maureen--From WordNet

Definition

(a.) Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.

(a.) Bestowed as a gratuity; as, beneficiary gifts.

(n.) A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.

(n.) 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.

Editor: Rochelle