What is BENEFICIAL? Definition of BENEFICIAL in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
Tending to the benefit of a per- son; yielding a profit, advantage, or benefit; en- joying or entitled to a benefit or profit. This term is applied both to estates (as a "beneficial inter- est") and to persons (as "the beneficial owner"). Kolb v. Landes, 277 M. 440, 115 N.E. 539, 541; In re Williams' Will, 50 Mont. 142, 145 P. 957, 959.
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