Words / B / Law

beneficial

adjective/ˌbenɪˈfɪʃəl/

B1CEFR level
25/100Rarity: fairly common
TechnicalRegister

Relating to the enjoyment of the real benefit of shares, as distinct from the bare legal title.

The nominee held the legal title while the fund remained the beneficial owner of the shares.

Topic: Company & governance in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Company & governance