Beneficial ownership
Term · Law · MLC-T-LAW-000697
The right to enjoy the benefits of ownership of an asset, even when legal title is held by another party. This concept separates the legal owner, who holds title, from the beneficial owner, who receives the economic advantages. It is a key concept in trust law and corporate transparency regulations.
| Identifier | MLC-T-LAW-000697 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000697",
"term": "Beneficial ownership",
"field": "Law",
"definition": "The right to enjoy the benefits of ownership of an asset, even when legal title is held by another party. This concept separates the legal owner, who holds title, from the beneficial owner, who receives the economic advantages. It is a key concept in trust law and corporate transparency regulations.",
"url": "https://mlchart.com/terminology/law/beneficial-ownership/"
}
Record 496 of 5,439 in Law terminology (MLC-0107). Request the full dataset.