beneficial interest
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Mr Usmanov declined to respond to questions about his relationship with the two trusts, or whether he had ceased to have a beneficial interest in them.
From BBC ● Mar. 22, 2022
Everybody needs the water and they have a mutual, beneficial interest in preserving that water.
From Slate ● Sep. 13, 2021
Employees who leave the company and sell the beneficial interest in their shares to the trust are subject to tax; but if they roll their money into a retirement plan, it isn’t taxed until withdrawn.
From Seattle Times ● Jan. 21, 2017
The idea here is that the settlor of the trust is not, repeat not, given anything like a beneficial interest in the trust, i.e., is not made a beneficiary of the trust.
From Forbes ● Aug. 23, 2014
The Great Northern Railroad itself did not retain control of the ore lands but, through a trusteeship, gave a beneficial interest in them to its stockholders in the shape of a special dividend.
From The Railroad Builders; a chronicle of the welding of the states by John Moody
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