beneficial ownership
Definition
Use this term in a sentence
“ In life we must teach our children many things to secure a financial freedom, the rules of investments and beneficial ownership. ”
“ 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. ”
“ 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. ”
