Glossary entry

English term or phrase:

beneficially held shares

Greek translation:

μετοχές που κατέχονται από τον πραγματικό δικαιούχο

Added to glossary by Spyros Salimpas
This question was closed without grading. Reason: Answer found elsewhere
Jun 16, 2022 18:00
1 yr ago
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English term
Change log

Jul 5, 2022 15:17: Spyros Salimpas Created KOG entry

Proposed translations

2 hrs

Διατήρηση κεφαλαιούχων μερισμάτων πραγματικού δικαιούχου

https://en.m.wikipedia.org/wiki/Beneficial_owner
Beneficial owner is a legal term where specific property rights ("use and title") in equity belong to a person even though legal title of the property belongs to another person. Beneficial owner is subject to a state's statutory laws regulating interest or title transfer.[1] This often relates where the legal title owner has implied trustee duties to the beneficial owner. A common example of a beneficial owner is the real or true owner of funds held by a nominee bank.

Beneficially held' means that the owner of the shares gets the direct benefit from the shares. Direct benefits include dividend payments. If the shareholder is not holding the shares on behalf of another person, organisation or trust, the shares are beneficially held.26 Απρ 2021https://asic.gov.au/for-business/changes-to-your-company/cha...
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