Legal Ownership Terms

2 words in this vocabulary list

noun a person who holds a deed, typically to a piece of property

  • The deedholder of the property has full ownership rights.
  • The deedholder is the one who officially owns the house.
  • Yo, did you hear that Mike's the deedholder now?
  • As the deedholder of this project, you have the final say in all decisions.

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

  • Beneficial ownership refers to the legal right of ownership even if the title is in another person's name.
  • Having beneficial ownership means you still own something even if someone else holds the title.
  • If you have beneficial ownership, it's like you're the real boss even if someone else is in charge.
  • In the world of business, beneficial ownership is like holding the keys to the kingdom even if you're not sitting on the throne.