Beneficial Ownership: Canada Debt .ca defines Beneficial Ownership

Bankruptcy Term Beneficial Ownership

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Canada Debt has the definition to the bankruptcy and debt term Beneficial Ownership. Finding answers to terms such as Beneficial Ownership can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Beneficial Ownership in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Beneficial Ownership' is used as follows:

Where a person has the right of enjoying use and advantage of another's property.