Meaning of “beneficial interest” in the English Dictionary

"beneficial interest" in Business English

See all translations

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 property law in Scotland does not recognize a difference between the legal and the beneficial interests in inherited property.

(Definition of “beneficial interest” from the Cambridge Business English Dictionary © Cambridge University Press)