Beneficial Owner

C1 16+

Pronunciation: /bɛˌnɪˈfɪʃəl ˈoʊnər/

Definitions of beneficial owner

noun Owner of shares in a company whose name is not listed on the company's records

Example Sentences

A1 A beneficial owner is someone who receives the benefits of owning something.

A2 The beneficial owner of the property is entitled to receive the rental income.

B1 As the beneficial owner of the shares, he has the right to vote at shareholder meetings.

B2 The beneficial owner of the trust has the power to make decisions regarding the assets.

C1 The beneficial owner of the company has a significant influence on its strategic direction.

C2 Identifying the beneficial owner of complex financial structures can be challenging for regulators.

Examples of beneficial owner in a Sentence

formal The beneficial owner of the property is entitled to receive any income or benefits generated from it.

informal The beneficial owner of the company is the one who actually reaps the rewards of its success.

slang I heard John is the beneficial owner of that fancy car, even though it's registered under someone else's name.

figurative In the world of art, the artist is considered the beneficial owner of their creations, even if they sell them to others.

Grammatical Forms of beneficial owner

past tense

benefited

plural

beneficial owners

comparative

more beneficial

superlative

most beneficial

present tense

benefits

future tense

will benefit

perfect tense

has benefited

continuous tense

is benefiting

singular

beneficial owner

positive degree

beneficial

infinitive

to benefit

gerund

benefiting

participle

benefited

Origin and Evolution of beneficial owner

First Known Use: 1601 year
Language of Origin: English
Story behind the word: The term 'beneficial owner' originated in English common law.
Evolution of the word: Originally used in the context of trusts and property ownership, the term 'beneficial owner' has evolved to encompass a wider range of legal and financial contexts where a person or entity enjoys the benefits of ownership without being the legal owner.