beneficial interest Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “beneficial interest” in the English Dictionary

"beneficial interest" in Business English

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beneficial interestnoun [C or U]

uk   us  
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 ​propertylaw in Scotland does not ​recognize a difference between the ​legal and the beneficial ​interests in ​inheritedproperty.
(Definition of beneficial interest from the Cambridge Business English Dictionary © Cambridge University Press)
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“beneficial interest” in Business English

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