When attending cathedral services prebendaries sit in particular seats, usually at the back of the choir stalls. These are known as Prebendal stalls.
However, the title Prebendary was still retained by certain dioceses (with the Dioceses of Lichfield, Lincoln and London being significant examples) as an honorary title for senior parish priests. This is usually awarded as a recognition of long and dedicated service to the Diocese. These priests are entitled to call themselves Prebendary (usually shortened to Preb.) and still have a role in the administration of the cathedral.
The Greater Chapter of a Cathedral includes both the Residentiary Canons (the full time senior Cathedral clergy) and the Prebendaries (and in London the Minor Canons too). In the Church of England, when a diocesan bishop retires, moves to another diocese or dies, the monarch will summon the Greater Chapter to elect a successor. This election is ceremonial as the monarch also tells the members of the Greater Chapter whom to elect. If members of the Greater Chapter fail to attend they are declared to be contemptuous.
Saint Patrick's Cathedral, Dublin, Ireland, still calls its canons Prebendaries. They form the Chapter of the Cathedral, and sit in their Prebendal Stall when in Residence in the Cathedral.