meaning of beneficiary
1. A feudatory or vassal; hence, one who holds a benefice and uses its proceeds.
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.
3. Holding some office or valuable possession, in subordination to another; holding under a feudal or other superior; having a dependent and secondary possession.
4. Bestowed as a gratuity; as, beneficiary gifts.
5. the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause