beneficial interest
noun[CorU]
ukusLAW,FINANCE
therighttoreceiveincome,profits,interest, etc. from abusiness,contract, orinvestment:
Hehas abeneficialinterestin17,000sharesin thecompany.
LAW,PROPERTY
therighttolivein orreceiveincomefrom aproperty:
ThepropertylawinScotlanddoes notrecognizeadifferencebetween thelegaland thebeneficialinterestsininheritedproperty.
Compare
legal interest