beneficial ownership

Definition of "beneficial ownership"
  1. The right to enjoy the advantages or profits of a property, even though the legal title of that property is held by someone else
How to use "beneficial ownership" in a sentence
  1. Upon her father's death, she gained beneficial ownership of the family's trust income.
  2. He held the beneficial ownership of the company's shares, giving him certain rights like voting.
  3. Despite not holding the title, she had beneficial ownership over the stocks, allowing her to reap the investment benefits.

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