Beneficial-owner meaning

A person or company who has direct or indirect voting or investment power, according to the Securities and Exchange Commission. A beneficial owner also is someone who has the benefits of ownership even though the title might be held in someone else’s name. For instance, stock certificates may be held in the name of the brokerage firm, but the beneficial owner is the person who actually owns the certificate, not the brokerage firm.
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The person who takes all or most of the returns of a property's equity or monetary gains.
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