beneficial interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. beneficial interest … Law dictionary
beneficial interest — ➔ interest * * * beneficial interest UK US noun [C or U] ► LAW, FINANCE the right to receive income, profits, interest, etc. from a business, contract, or investment: »He has a beneficial interest in 17,000 shares in the company. ► LAW, PROPERTY… … Financial and business terms
Beneficial interest — A beneficial interest is that right which a person has in a contract made with another (third) person. [ [http://www.lectlaw.com/def/b092.htm The Lectric Law Library s Lexicon] ] The typical example is if A makes a contract with B that he will… … Wikipedia
beneficial interest — An expression with variable meaning, dependent on the context in which it appears; that which remains of the estate of a decedent after the payment of debts and the expenses of administration. 28 Am 1 Rev ed Inher T § 388; such an interest as a… … Ballentine's law dictionary
beneficial interest — /bɛnəˈfɪʃəl ɪntrəst/ (say benuh fishuhl intruhst) noun Finance an interest in a property, as in the property of a trust, held by a beneficiary to the trust. Compare equitable interest …
beneficial interest — An individual s right to some profit, distribution or benefit from a contract or trust. Such an interest is different from the rights of a trustee, who has responsibility for certain assets, but who does not directly share in the benefits … Business law dictionary
beneficial interest — legal right that does not stem from ownership of assets … English contemporary dictionary
beneficial interest — /ˌbenɪfɪʃ(ə)l ɪntrəst/ noun a situation where someone is allowed to occupy or receive rent from a house without owning it … Dictionary of banking and finance
beneficial — ben·e·fi·cial /ˌbe nə fi shəl/ adj 1: providing benefits or advantages 2: receiving or entitling one to receive an advantage, benefit, or use a beneficial shareholder a beneficial estate ben·e·fi·cial·ly / shə lē/ adv … Law dictionary
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary