noun
Owner of shares in a company whose name is not listed on the company's records
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The beneficial owner of the property is entitled to receive any income or benefits generated from it.
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The beneficial owner of the company is the one who actually reaps the rewards of its success.
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I heard John is the beneficial owner of that fancy car, even though it's registered under someone else's name.
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In the world of art, the artist is considered the beneficial owner of their creations, even if they sell them to others.