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