A person owning land for their own benefit.
The person(s) entitled to the benefits of ownership even though another party (a broker or bank would be the nominal owner) actually holds the security. See also: Street Name.
the real owner of a company's shares, who enjoys the benefits of ownership, such as income, even though such ownership may be held in trust by, or in the registered name of, an investment dealer
A person that, directly or indirectly, has or shares either voting power or investment power with respect to a SECURITY. Rule 13d-3(a). This direct or indirect ownership can be in the form of any type of arrangement or relationship. A person may also be deemed to be a beneficial owner if that person has the right to acquire beneficial ownership of a security by the exercise of an OPTION, the conversion of a security, the revocation of a trust, or the automatic termination of a trust. Rule 13d-3(d)(1)(i). The general rule states that a BENEFICIAL OWNERSHIP means any person that has or shares a direct or indirect pecuniary interest in the EQUITY SECURITIES through any contract, arrangement, understanding, or relationship. This broad definition encompasses both direct and indirect arrangements. The definition of PECUNIARY INTEREST and INDIRECT PECUNIARY INTEREST are key issues in this rule. Rule 16a-1 (a)(2).
The owner of securities who receives all the benefits, even though they are registered in the "street name" of a brokerage firm or nominee name of a bank handling his account.
The individual who enjoys the benefits of owning a security or property, regardless of whose name the title is in. see also street name.
Beneficial Owner is a person who enjoys the benefits of ownership even though the title may be in another name. Some of the generally accepted indications of beneficial ownership include: (1) the right to vote or control the voting of the securities; (2) the right to transfer the securities or control their transfer; (3) the right to receive income from the securities or control the disposition of such income; and (4) the right to receive or control the disposition of the proceeds in liquidation. StockTrack provides a field to keep track of Beneficial Owners on the Stockholders Information screen. In addition, StockTrack allows you to print a certificate list sorted by Beneficial Owner. Beneficial Owner codes can be maintained by choosing Maintain from the main menu, then Beneficial Owners.
The true owner of a security, regardless of the name in which it is registered.
One who legally owns or controls stock or has the ability to own or control stock through the exercise of stock options.
The owner of a beneficial interest in land. Where land is vested in trustees, the trustees own the land as legal owners on behalf of the beneficiaries. The beneficiaries hold their individual shares in the land as beneficial owners
(go to top) The person who really owns a security rather than a nominee that may own shares on behalf of others.
An individual who owns securities regardless of their form of registration. Securities held in a custodian's street name may have an individual as their beneficial owner.
A person who is entitled to the benefit of property both at law and in equity
The actual owner of the lading that is being shipped. The IMC negotiates transportation services and rates on behalf of the beneficial owner.
The real owner of a security. An investor may have securities registered in the name of a broker, trustee or bank to facilitate transfer or to preserve anonymity, but the investor is the beneficial owner and will receive any dividends, interest or profits from sales.
The investor who owns securities held in Street Name or Nominee Account. The beneficial owner has the same rights as an investor whose stock is in customer name, i.e. the holder of record. See Nominee Account.
The actual or economic owner of an interest as distinct from the registered or nominal owner.
The entity which enjoys the benefits of ownership of the effected securities despite title being in the name of another entity.
One who benefits from owning a security, even if the security's title of ownership is in the name of a broker or bank ('street name').
The person(s) entitled to the benefits of ownership even though another party such as a broker or bank--the nominal owner--actually has possession and title to the security. See: Nominee; Street Name
The actual owner of the securities as opposed to the custodian or broker in whose name the shares may be registered.
A person who benefits from ownership of a security or mutual fund. Shares or title may be held by a bank or broker for safety and convenience or in “street name” to expedite transactions, but the real owner is the beneficial owner. ( See street name)
The person(s) entitled to the benefits of ownership even though another party (a broker or bank-the nominal owner) actually holds the security. See: All or None.
The real owner of shares (or other assets). An investor may own shares that are registered in the name of a broker, trustee or bank to facilitate transfer or to preserve anonymity, but the investor would be the beneficial owner.
The underlying owner of a security who has paid for the stock and is entitled to the benefits of ownership.
The true owner of a security which may, for convenience, be recorded under the name of a nominee.
Person owning land and entitled to it for his own benefit. Not, for instance, a trust that holds the land for the benefit of another.
The owner of a security who is entitled to all the benefits associated with ownership customers’ securities are often registered not in the name of the customer but rather in the name of the brokerage firm or central depository. Even so, the customer remains the real or beneficial owner.
The person or persons who have ultimate rights to the value of an investment or property, as distinct from the registered owner who may be a nominee.
The person who is the ultimate legal owner of a company's shares, where such shares are not registered directly in that person's name but instead in the name of a nominee shareholder.
A person who is not the true owner of property but who receives all or part of the benefits by reason of a trust or other private arrangement.
The true owner of a security. The registered holder of the shares may act as a nominee to the true shareholder.
The actual owner of a security, regardless of the name in which the security is recorded under.
The person who enjoys the economic benefits of own... Add a comment
The owner of a security who is entitled to all the benefits associated with ownership. Customers' securities are often registered in the name of the brokerage firm or central depository rather than in the name of the customer. Even so, the customer remains the real or beneficial owner.
When you own stocks 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. The same is true when a bank or other custodian actually owns the mutual funds in your retirement account, but the assets are yours.
The customer who actually owns the lading.
Beneficial owner is a legal term where specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Black's Law Dictionary (2nd Pocket ed. 2001 pg. 508. This often relates where the legal title owner has implied trustee duties to the beneficial owner.