beneficial owner

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Beneficial Owner

As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock. This SEC definition is intended to include a holder who enjoys the benefits of ownership although the shares may be held in another name.

Beneficial Owner

A person who has effective ownership of a security or other property without actually holding title to it. This especially refers to holding voter proxy or investment power over a share or transaction, whether directly or indirectly. See also: Double-dip lease.

beneficial owner

The owner of a security registered in another name. For example, investors often leave securities in trust with their brokerage firms. Although the brokerage firm is shown on the issuer's books as the owner of record, the investor is the beneficial owner.

Beneficial owner.

When your stocks are registered in street name, the brokerage firm has title to the stocks but you are the beneficial owner, or the person who actually benefits from owning the stock.

beneficial owner

the ultimate owner of a FINANCIAL SECURITY rather than any NOMINEE who may have been appointed to hold legally the financial security on behalf of the beneficial owner.
References in periodicals archive ?
As a result, beneficial owners of AMPS may not be redeemed on a pro rata basis; certain beneficial owners of AMPS may have a higher percentage of their AMPS redeemed than others, and certain beneficial owners of AMPS may not have any AMPS redeemed.
As a result, beneficial owners of Notes may not be redeemed on a strictly pro rata basis; certain beneficial owners of Notes may have a higher percentage of their Notes redeemed than others, and certain beneficial owners of Notes may not have any Notes redeemed.
source dividends paid to South African beneficial owners.
To claim shares under this distribution, July 31, 2000, beneficial owners of record (the actual owners of the stock) may:
1550 (1993), that the right to escheat funds held by intermediary banks, brokers and depositories on behalf of beneficial owners who cannot be identified or located belongs to the state in which the intermediary is incorporated.
The new shares will be issued directly to beneficial owners of record (the actual owners of the stock)
Under the proposed regulations, a loss corporation may treat a portion of each class of its "widely held indebtedness" owned on the change date by "less-than-5% beneficial owners" as always having been owned by the same beneficial owners, regardless of how long those beneficial owners have actually owned the indebtedness.
Beneficial owners of common shares that have been lent out (either with or without the beneficial owners' knowledge) are not permitted to vote those shares.
will make its third quarter 2006 report available to holders and beneficial owners of units (consisting of 9-% senior notes due 2012 of KoSa Lux Finance B.
ISLAMABAD -- Under the 1984 Companies Ordinance, the Securities and Exchange Commission of Pakistan is responsible for monitoring trading activities of beneficial owners of listed companies with the primary objective of detecting instances, where the beneficial owners have made gain by trading in the shares of issuer companies within a period of less than six months.
Beneficial owners whose shares are held by nominees registered with voting rights in TE's share register on their behalf as of the same time and date will be entitled to instruct nominees to vote on the matters presented at the EGM.
The SECP has also warned that it would take a strict penal action as provided in the law against those listed companies and their beneficial owners who fail to file their overdue returns of by October 31, and do not observe the prescribed time limitation in future for filing of the said returns, a statement of the Commission said.