Pronunciation: /bɛˌnɪˈfɪʃəl ˈoʊnər/
noun Owner of shares in a company whose name is not listed on the company's records
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.
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.
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