beneficial ownership

Definition

The state of having the benefits of owning a property or security, without actually being the one who has his or her name on the title.

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In life we must teach our children many things to secure a financial freedom, the rules of investments and beneficial ownership.

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The lawyer explained to Joe the benefits of beneficial ownership, allowing him to own the office building, without the liability of his name being on the deed.

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Leasing a vehicle from Ford Motor Credit is a great example of beneficial ownership because the lessee does not technically own the vehicle, but drives whenever he/she chooses.

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interested shareholder Rule 13d