ben•e•ficePronunciation: (ben'u-fis), [key]
—n., v., -ficed, -fic•ing.
a position or post granted to an ecclesiastic that guarantees a fixed amount of property or income.
the revenue itself.
the equivalent of a fief in the early Middle Ages.
to invest with a benefice or ecclesiastical living.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.