Words / B / Business

beneficial ownership

noun

C2CEFR level
78/100Rarity: rare
TechnicalRegister

The real economic interest in an asset, regardless of whose name legally holds it.

Regulators traced beneficial ownership through three shell companies before finding the actual controller.

Topic: Governance in Business 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 business words: Governance