Beneficial Ownership

C1 16+

Pronunciation: /bɛˌnɪˈfɪʃəl ˈoʊnərˌʃɪp/

Definitions of beneficial ownership

noun the legal right of ownership that provides the holder with the benefits of ownership without the actual title or possession of the property

Example Sentences

A1 Beneficial ownership means having the right to use something even if it is not legally owned by you.

A2 Understanding beneficial ownership is important for knowing who truly benefits from a property or asset.

B1 The concept of beneficial ownership can be complex, especially in cases involving trusts or joint ownership.

B2 Investors often seek beneficial ownership of companies in order to receive dividends and voting rights.

C1 Legal professionals must be well-versed in the nuances of beneficial ownership to properly advise clients on asset protection strategies.

C2 Establishing beneficial ownership structures can be a key component of tax planning for high-net-worth individuals.

Examples of beneficial ownership in a Sentence

formal Beneficial ownership refers to the legal right of ownership even if the title is in another person's name.

informal Having beneficial ownership means you still own something even if someone else holds the title.

slang If you have beneficial ownership, it's like you're the real boss even if someone else is in charge.

figurative In the world of business, beneficial ownership is like holding the keys to the kingdom even if you're not sitting on the throne.

Grammatical Forms of beneficial ownership

plural

beneficial ownerships

comparative

more beneficial ownership

superlative

most beneficial ownership

present tense

beneficial ownership

future tense

will have beneficial ownership

perfect tense

has had beneficial ownership

continuous tense

is having beneficial ownership

singular

beneficial ownership

positive degree

very beneficial ownership

infinitive

to have beneficial ownership

gerund

having beneficial ownership

participle

beneficial ownershiping

Origin and Evolution of beneficial ownership

First Known Use: 1601 year
Language of Origin: English
Story behind the word: The term 'beneficial ownership' originated in English common law.
Evolution of the word: Originally used in the legal context to refer to the true ownership or interest in property or assets, the term 'beneficial ownership' has evolved to also encompass the concept of economic interest and control over assets, particularly in the realm of business and finance.