beneficial owner
noun[C]
ukusLAW,FINANCE,PROPERTY
apersonororganizationthat has therighttoreceiveincome,profits, etc. from apropertyorinvestmentthat they own:
Parents can put theinvestmentin anaccountwhere theparentis thelegalownerbut thechildis thebeneficialowner.
No oneknowswho thebeneficialownersof thefootballclubare.
Compare
legal interest