Ultimate Beneficial Owner

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Also found in: Acronyms.

Ultimate Beneficial Owner

The person or company that owns a U.S. affiliate of a foreign company. The ultimate beneficial owner may not own the affiliate directly; for example, he/she may own 51% of a company that owns 51% of the U.S. affiliate.
References in periodicals archive ?
affiliates of foreign MNEs for certain countries of UBO and industries of the affiliate are presented in tables S-T and charts 17-20.
For most affiliates, the country of the UBO is also the country of the foreign parent.
UBO was incorporated in May 1999, and just as it started clicking, Jackson died in February 2000 of a stroke.
UBO is the first interactive baseball game ever to allow as many as 18 people to play on a single interactive field at once.
But Cooper says relative to television or motion pictures, UBO.
Unlike traditional baseball video games, UBO lets players play with teammates -- everyone sees the game from their own character's first-person perspective.
affiliates in wholesale trade that were spread across subindustries but that were concentrated in affiliates with UBOs in Asia and Pacific (particularly in Japan) and in Europe.
Allan Kamote defeated late substitute Karage Suba by technical knockout in round seven to win the vacant UBO International Lightweight title.
UBO has a network of sites covering music, news, fashion, animation, and entertainment.
14) For these countries, the higher position by country of UBO represents investments by MNCs that are organized with entities in Ireland and Bermuda at the top tier of the corporate group, including U.
For more information about UBO products, visit http://www.
UBO is a multimillion dollar venture catering to urban lifestyle and culture via a collection of sites covering music, animation, news, and entertainment.