Click here to add us to your favorites




beneficial interest

Definition

Right to enjoy and use a property, and to otherwise benefit from its possession. Beneficial interest usually accrues to the legal owner but may be vested in some other party, such as the beneficiary of a trust. See also contingent beneficial interest and equitable interest.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z