©http://lawaw.com From:http://www.lawaw.com/BENEFICIAL+INTEREST.shtml
BENEFICIAL INTEREST. That right which a person has in a contract made with another; as if A makes a contract with B that he will pay C a certain sum of another; as if A makes a contract with B that he will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial money, B has the legal interest in the contract, and C the beneficial interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70. interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70.
Previous: BENEFICIAL, BENEFICE, eccles, BENCHER, English law, BENCH WARRANT, crim, BENCH WARRANT,
Next: BENEFICIARY, Beneficiary-owned Sub-S Corporation Trust, Beneficiary-owned Trust, BENEFICIO PRIMO ECCLESIASTICO HABENDO, Eng, BENEFICIUM COMPETENTIAE,