Beneficial owner

Beneficial Owner
Beneficial Owner definition :
As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock.

Beneficial ownership
The beneficial owner of an asset is the person for whose benefit it is being held.

Beneficial Owners
Generally, you must withhold 30 percent from the gross amount paid to a foreign payee unless you can reliably associate the payment with valid documentation that establishes either of the following.
The payee is a U.S. person ...

beneficial owner
person who enjoys the benefits of ownership even though title is in another name.

Beneficial owner is a legal term which refers to a person who has the right to live in a property and use it as he/she wishes although he/she may not actually possess full ownership, for example a leaseholder.

Beneficial Owner
If you own securities, chances are the securities are registered in the name of a broker, trustee, bank, or mutual fund company - commonly referred to as "street name." ...

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BENEFICIAL OWNER - As used for most purposes under the federal securities laws. A beneficial owner of s...
BENEFICIAL OWNERSHIP - Often used in risk arbitrage. Person who enjoys the benefits of ownership even t...

Beneficial Owner
The owner of a security who is entitled to all the benefits associated with ownership. Customers' securities are often registered in the name of the brokerage firm or central depository rather than in the name of the customer.

Beneficial owner
The true owner of a security. The registered holder may act as nominee for the actual shareholder.

Beneficial Owner
The person(s) entitled to the benefits of ownership even though another party such as a broker or bank--the nominal owner--actually has possession and title to the security.
See: Nominee; Street Name ...

Beneficial Owner
The individual who enjoys the benefits of owning a security or property - regardless of whose name the title is in.

Beneficial Owner
The real (underlying) owner of an account, securities or other assets.

beneficial owner
The party that receives all of the benefits or rights of an owner of a security even though the legal ownership of the security is recorded in the name of a broker or a bank in street name.
Bermuda option ...

beneficial owner: A person who is not the true owner of property but who receives all or part of the benefits by reason of a trust or other private arrangement.

Beneficial owner
When your stocks are registered in street name, the brokerage firm has title to the stocks but you are the beneficial owner, or the person who actually benefits from owning the stock.

Beneficial Owner - Person or party that really owns a security or "benefits" from the ownership.

Beneficial owner - Refers to the individual who enjoys the benefits of ownership even though the title may be in a different name.

Beneficial ownership
Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation.)
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Beneficial OwnerExpand/Collapse
The real owner of a security. An investor may have securities registered in the name of a broker, trustee or bank to facilitate transfer or to preserve anonymity, ...

Beneficial Owner
The natural person(s) who ultimately owns or controls a customer and/or the person on whose behalf a transaction is being conducted and who has the authority to fund, direct or manage the account.

Ultimate Beneficial Owner.
The UBO of a U.S. affiliate is that person, proceeding up the affiliate's ownership chain beginning with and including the foreign parent, that is not owned more than 50 percent by another person.

See also: Agent, Beneficial Owner, Beneficiary, Commercial Bank, Custodian, Estate, Fiduciary, Transfer Agent, Trust, Trustee
? Mentioned in
Automated Customer Account Transfer Service - ACATS
Collateral Trust Bond
Custodian bank ...

NOBO (Non-Objecting Beneficial Owner)
A beneficial ("street") security holder who has not objected to his or her name being released to the Corporation, if the Corporation so requests.
NPR
The ISO 4217 currency code for the Nepalese Rupee.

Section 16(a) Provision of the Securities Exchange Act of 1934 that requires company insiders to file periodic reports disclosing their holdings and changes in beneficial ownership of the company's equity securities.

Record Owner The stockholder of record as distinguished from the beneficial owner. Recourse Term describing a type of loan.

EQUITABLE INTEREST An equitable interest in an asset is the interest of the beneficial owner; this may or may not be the same person as the legal owner.
EQUITY 1. The extent of a person's beneficial ownership of a particular asset.

Representative is a person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions: is not an affiliate, director, officer or other employee of issuer, or the beneficial owner of ...

DIAMONDS represent units of beneficial ownership in the DIAMONDS Trust, a unit investment trust holding a portfolio of the 30 stocks that comprise the Dow Jones Industrial Average (Dow or DJIA). DIAMONDS closely track (before expenses) the DJIA.

Two similar techniques to provide anonymity for a ship's beneficial owner are "nominee shareholders" and "nominee directors.

Form required under Section 13d of the Securities Act of 1934 within ten business days of acquiring direct or Beneficial Ownership of 5% or more of any class of equity securities in a Publicly Held corporation.

Generally, brokers or dealers are listed as owners in place of their clients who are the beneficial owners. The broker or dealer maintains its own records of beneficial ownership.

Joint Tenants in Common - Is a type of an account whereby the death of an owner sets aside the deceased's beneficial ownership for the estate. Surviving tenants do not necessarily acquire further interests in the account.

Requirement under Section 13-d of the Securities Act of 1934 in which a form must be filed within ten business days of acquiring direct or beneficial ownership of 5% or more of any class of equity securities in a publicly held corporation.

Definition: [crh] A proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule.

A proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule.

NOMINAL OWNER " See: Beneficial Owner, Street Name.
NOMINAL YIELD " The state rate of interest that a bond pays the holder, based on par value. It is also known as the coupon, coupon rate, and interest rate.

This schedule must be filed with the SEC when an interested party such as an issuer, a beneficial owner of securities or a representative of either, ...

The exemption from payment of stamp duty that is available to beneficial owners of dematerialized shares should also be extended to transfer of shares in physical form.

Trust - A relationship where the legal ownership and beneficial ownership of property are split. The owner of the property conveys legal title to a trustee for the benefit of a third person.

ALIEN BANK - A bank organized under the laws of a foreign country and having its principal place of business in that country, the majority of the beneficial ownership and control of which is vested in citizens or countries other than the United ...

insider ownership
The percentage of common stock held by all officers and directors as a group, plus beneficial owners who own more than 5% of company's stock as disclosed in the most recent proxy statement.

Legal agreement where one person or firm holds shares on behalf of another, who remains the beneficial owner.
non optional / mandatory
- ...

In such a case the certificate would bear the name of, and be held by, the broker which would record the investor as the beneficial owner. The records of the issuing company will show the broker as the holder of the securities.

A company formed by a bank or other organisation which operates nominee accounts that is, the holding of shares for the beneficial owner....(Read more)
Non Contributory Pension Plan
A pension plan in which an employee does not make contributions.

Rule 13d An SEC rule requiring disclosure by anyone acquiring a beneficial ownership...

[TMAC] beneficial owner The actual or economic owner of an offshore company as distinct from the registered or nominal owner. [UNODC] The true owner of a security which may, for convenience, be recorded under the name of a nominee.

See also: Banks, Expense, Saving, Values, Exercise price