beneficial ownership

beneficial ownership
Ownership of the benefits related to property, rather than in the property itself. For example, the beneficiary of trust income has beneficial ownership of that trust. Also, a person may have beneficial ownership of securities, such as voting rights or investment rights, without actually having his or her name on the title of the stocks.
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

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  • Beneficial ownership — is enjoyed by anyone who has the benefits of ownership of a security or property, and yet does not nominally own the asset itself.In US securities law, a beneficial owner (as distinct from a nominee owner, registered owner, or record holder ) of… …   Wikipedia

  • beneficial ownership — Where a person has the right of enjoying use and advantage of another s property. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • beneficial ownership — Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation.) The entitlement to receive some or all of the benefits of ownership of a… …   Financial and business terms

  • beneficial ownership — The entitlement to receive some or all of the benefits of ownership of a security (e.g. income, voting rights, power to transfer). Beneficial ownership is usually distinguished from legal ownership of a security. See also legal owner …   Euroclear glossary

  • beneficial ownership — ownership that is purely for the purpose of pleasure or gaining advantage (Legal) …   English contemporary dictionary

  • beneficial ownership — See beneficial interest; beneficial use …   Ballentine's law dictionary

  • Beneficial ownership —   Is the ownership of investments (such a securities) through a nominee. It is a way used to avoid revealing the identity of the real owner …   International financial encyclopaedia

  • ownership — own‧er‧ship [ˈəʊnəʆɪp ǁ ˈoʊnər ] noun [uncountable] COMMERCE the state of owning something: • Car ownership by teenagers tripled during the decade. • Home ownership is more common in Britain than in Europe generally. • Limited partnerships give… …   Financial and business terms

  • Beneficial owner — is a legal term where specific property rights ( use and title ) in equity belong to a person even though legal title of the property belongs to another person. Black s Law Dictionary (2nd Pocket ed. 2001 pg. 508). This often relates where the… …   Wikipedia

  • Beneficial Owner — 1. A person who enjoys the benefits of ownership even though title is in another name. 2. Any individual or group of individuals that, either directly or indirectly, has the power to vote or influence the transaction decisions regarding a… …   Investment dictionary

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