Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “beneficial interest”

beneficial interest

noun [C or U]
 
 
LAW, FINANCE the right to receive income, profits, interest, etc. from a business, contract, or investment: He has a beneficial interest in 17,000 shares in the company.
LAW, PROPERTY the right to live in or receive income from a property: The property law in Scotland does not recognize a difference between the legal and the beneficial interests in inherited property. → Compare legal interest
(Definition of beneficial interest from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of beneficial interest?
Add Cambridge dictionaries to your browser to your website

Word of the Day

dawn on sb

If a fact dawns on you, you understand it after a period of not understanding it.

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More