See Also: BENEFICIAL INTEREST(law)
beneficial(dictionary)
beneficial(dictionary)
BENEFICIAL(law)
Beneficial ownership(finance)
Beneficial ownership(money)
Beneficial Owner(money)
Beneficial Impacts(money)
Beneficial owner(finance)
NOBO (Non-Objecting Beneficial Owner)(money)

BENEFICIAL INTEREST (law)


BENEFICIAL INTEREST. 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 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 money, B has the legal interest in the contract, and C the beneficial interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70. interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70.