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From The Collaborative International Dictionary of English v.0.48:
Bequeath \Be*queath"\ (b[-e]*kw[=e][th]"), v. t. [imp. & p. p. Bequeathed; p. pr. & vb. n. Bequeathing.] [OE. biquethen, AS. becwe[eth]an to say, affirm, bequeath; pref. be- + cwe[eth]an to say, speak. See Quoth.] 1. To give or leave by will; to give by testament; -- said especially of personal property. [1913 Webster] My heritage, which my dead father did bequeath to me. --Shak. [1913 Webster] 2. To hand down; to transmit. [1913 Webster] To bequeath posterity somewhat to remember it. --Glanvill. [1913 Webster] 3. To give; to offer; to commit. [Obs.] [1913 Webster] To whom, with all submission, on my knee I do bequeath my faithful services And true subjection everlastingly. --Shak. [1913 Webster] Syn: To Bequeath, Devise. Usage: Both these words denote the giving or disposing of property by will. Devise, in legal usage, is property used to denote a gift by will of real property, and he to whom it is given is called the devisee. Bequeath is properly applied to a gift by will or legacy; i. e., of personal property; the gift is called a legacy, and he who receives it is called a legatee. In popular usage the word bequeath is sometimes enlarged so as to embrace devise; and it is sometimes so construed by courts. [1913 Webster]