The Collaborative International Dictionary of English v.0.48:

Prebend \Preb"end\ (pr[e^]b"[e^]nd), n. [F. pr['e]bende (cf. It.
   & Sp. prebenda), from L. praebenda, from L. praebere to hold
   forth, afford, contr. fr. praehibere; prae before + habere to
   have, hold. See Habit, and cf. Provender.]
   1. A payment or stipend; esp., the stipend or maintenance
      granted to a prebendary out of the estate of a cathedral
      or collegiate church with which he is connected. See
      Note under Benefice.
      [1913 Webster]

   2. A prebendary. [Obs.] --Bacon.
      [1913 Webster]

   Dignitary prebend, one having jurisdiction annexed to it.


   Simple prebend, one without jurisdiction.
      [1913 Webster]

WordNet (r) 3.0 (2006):

prebend
    n 1: the stipend assigned by a cathedral to a canon