What is the definition of Beneficial interest? | Dictionary.net

BENEFICIAL INTEREST

\bˌɛnɪfˈɪʃə͡l ˈɪntɹəst], \bˌɛnɪfˈɪʃə‍l ˈɪntɹəst], \b_ˌɛ_n_ɪ_f_ˈɪ_ʃ_əl ˈɪ_n_t_ɹ_ə_s_t]\

Definitions of BENEFICIAL INTEREST

1910 - Black's Law Dictionary (2nd edition)
1856 - A Law Dictionary

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Profit, benefit, or advantage resulting from a contract, or the ownership of an estate as distinct from the legal ownership or control.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

That right which a person has in a contract made with another; as if A makes a contract with B that he will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70.

1856 - A Law Dictionary
By John Bouvier

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