beneficial ownership - definition and synonyms

noun [uncountable] business, legal 

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/ˌbenɪfɪʃ(ə)l ˈəʊnə(r)ʃɪp/
  1. a situation where one person or group enjoys the benefits of owning an asset even though another person or group is the legal ownerThis meaning is based on one submitted to the Open Dictionary from United Kingdom on 08/04/2016