/ ˌbenɪˈfɪʃəri; NAmE -ˈfɪʃieri/ noun ( pl. -ies ) beneficiary (of sth)
1.
a person who gains as a result of sth :
Who will be the main beneficiary of the cuts in income tax?
2.
a person who receives money or property when sb dies
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WORD ORIGIN
early 17th cent.: from Latin beneficiarius , from beneficium favour, support, from bene well + facere do.