beneficial owner

Definition

The individual who enjoys the benefits of owning a security or property, regardless of whose name the title is in.

Use beneficial owner in a sentence

Even though her grandfather was the title holder of the property, she was in fact the beneficial owner since she lived there all year.

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He was the beneficial owner and enjoyed the benefits ow owning the property and the best thing was that he did not need his name on the title.

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Even though he was not the beneficial owner and his old uncle was, Dan enjoyed the mansion, large parties every weekend was a regular site on the property.

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shareholder of record owner of record