Actual Owner

Actual Owner

A person or entity that receives the benefit of ownership. Being the actual owner, the asset is under the person's or entity's name and they are entitled to any advantage from that. The actual owner can be hard to determine at times if there are multiple people or entities involved. Also known as a beneficial owner.

For example, the actual owner of a corporation would own over 50% of the company. However, it can get more complex when dealing with shell corporations and trusts. There can be significant tax advantages by increasing the complexity of ownership.


Investment dictionary. . 2012.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • owner — The person in whom is vested the ownership, dominion, or title of property; proprietor. He who has dominion of a thing, real or personal, corporeal or incorporeal, which he has a right to enjoy and do with as he pleases, even to spoil or destroy… …   Black's law dictionary

  • Owner occupied — (As used in EIA s consumption surveys.) Having the owner or the owner s business represented at the site. A building is considered owner occupied if an employee or representative of the owner (such as a building engineer or building manager)… …   Energy terms

  • Actual Art — is a genre of art that was first named by critic Alfred Frankenstein of the San Francisco Chronicle in a review of Helene Aylon’s work. The name was chosen because the art was real , but the term Realism was already in use to describe a different …   Wikipedia

  • Owner-controlled insurance program — An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction… …   Wikipedia

  • actual use — Term actual use in automobile liability policy providing coverage for nonowned automobile if the actual operation or actual use of automobile by relative of insured is with permission of owner means present or active use or a use existing in fact …   Black's law dictionary

  • actual use — Term actual use in automobile liability policy providing coverage for nonowned automobile if the actual operation or actual use of automobile by relative of insured is with permission of owner means present or active use or a use existing in fact …   Black's law dictionary

  • actual value — The actual cash value or, if that is not ascertainable for want of a market, the intrinsic value or the value to the owner. 22 Am J2d Damg § 149. Practically identical with market value, or cash value, for the purposes of a tax statute. Re Frank …   Ballentine's law dictionary

  • actual market value — In custom laws, the price at which merchandise is freely offered for sale to all purchasers; the price which the manufacturer or owner would have received for merchandise, sold in the ordinary course of trade in the usual wholesale quantities.… …   Black's law dictionary

  • actual market value — In custom laws, the price at which merchandise is freely offered for sale to all purchasers; the price which the manufacturer or owner would have received for merchandise, sold in the ordinary course of trade in the usual wholesale quantities.… …   Black's law dictionary

  • special owner — Some person holding the property with the consent and as the representative of the actual owner. The term is applied to personal property only. See Frazier v State, 18 Tex App 434, 441 …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”