beneficial interest

Definition of "beneficial interest"
  1. The right of a person to profit or benefit from a trust or contract, which contrasts with a party tasked with managing assets but not receiving personal benefits
How to use "beneficial interest" in a sentence
  1. His beneficial interest in the estate allows him to receive profit from the property sales.
  2. Despite managing the trust, the trustee holds no beneficial interest.
  3. As a beneficiary, she holds a beneficial interest and is entitled to benefits from the trust.

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