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Beneficial Interest |
Also found in: Legal, Wikipedia | 0.01 sec. |
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Beneficial Interest The right of a person to enjoy or otherwise use a property or other asset even if he/she does not actually own it. For example, the beneficiary of a trust has beneficial interest because he receives the income derived from the assets in the trust, but he does not own the assets themselves. This concept is very similar to beneficial ownership. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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