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beneficial interest UK US noun [C or U]
► LAW, FINANCE the right to receive income, profits, interest, etc. from a business, contract, or investment: »
He has a beneficial interest in 17,000 shares in the company.
► LAW, PROPERTY the right to live in or receive income from a property: »
The property law in Scotland does not recognize a difference between the legal and the beneficial interests in inherited property.
Financial and business terms. 2012.