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beneficiary

ben·e·fi·ci·ar·y [ bènnə físhee èrree, bènnə físhəree ]


noun  (plural ben·e·fi·ci·ar·ies)
Definition:
 
1. somebody benefiting: somebody who receives a benefit from something

2. legal recipient of money: somebody entitled to money or property by a will, trust, or insurance policy

3. holder of benefice: a member of the clergy who holds an office that provides a living benefice



adjective 
Definition:
 
relating to benefice: relating to a church office that provides a living benefice or to the member of the clergy who holds it

[Early 17th century. < Latin beneficiarius< beneficium (see benefice)]
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