beneficiary
C1Adjektiv/US /bˌɛnəfˈɪʃiːˌɛriː/ bĕn-əf-ĬSH-ē-ĕr-ē; UK /bˌɛnəfˈɪʃiːˌɛriː/ bĕn-əf-ĬSH-ē-ĕr-ē/
Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
