• Beneficial owner


    The beneficial owner of a security is supposed to receive the benefits derived from ownership of the security, including income, voting rights, power to transfer, etc. Where a customer's assets are registered in the name of a brokerage firm, central depository or other nominee, the customer does not have legal ownership, but is the true owner entitled to all benefits accruing.


    Comment on this:

    (optional)


Most popular:

Beneficial owner

Zero-hour rule

Segregation

Back-to-back trades

American Depository Receipt

Book-to-book proof

Haircut

Asset Backed Security


Suggest a term: