BENEFICIAL INTEREST

Legal Dictionary -> BENEFICIAL INTEREST

Search:

BENEFICIAL INTEREST


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 money, B has the legal interest in the contract, and C the beneficial interest. Hamm. on Part. 6, 7, 25 2 Bulst. 70.

Terms of Use | Canadian Lawyers