constructive stock ownership

constructive stock ownership definition - business

constructive stock ownership

Effective control of stock that is registered in the name of someone else. For example, the Internal Revenue Service considers an individual to own stock when the stock is directly or indirectly owned by or for his or her family.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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