beneficiary
1610s (n.) "one who receives profits or advantages," 1620s (adj.) "connected with the receipt of profits or advantages," probably via French bénéficiaire, from Latin beneficiarius "enjoying a favor, privileged," from beneficium "a favor, service, generosity, kindness, benefit," from beneficus "generous, kind, benevolent, obliging," from bene- "good, well" (see bene-) + -ficus, from -ficere, combining form of facere "to do, to make" (from PIE root *dhe- "to set, put").