benefice

n. clerical post which includes a fixed salary or a property

Originally a benefice was a gift of land (precaria) for life as a reward for services rendered. The word comes from the Latin noun beneficium meaning "benefit". Originally a concept in the Roman Catholic Church, it was abandoned by Protestantism (excepting the Church of England).
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Noun
1. an endowed church office giving income to its holder
(synonym) ecclesiastical benefice
(hypernym) spiritualty, spirituality, church property
(hyponym) sinecure
Verb
1. endow with a benefice
(hypernym) endow, dower
(derivation) beneficiary, donee

n. benefice, income, profit, gain

n. for the benefit of, for the good of, for the sake of