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Beneficial ownership

The financial definition for Beneficial ownership:

Often used in risk arbitrage. Person who enjoys the benefits of ownership even though title is in another name. (Abused through the illegal use of a parking violation.)




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Beneficial Owner

Beneficial Owner
As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock. This SEC definition is intended to include a holder who enjoys the benefits of ownership although the shares may be held in another name.


NOBO (Non Objecting Beneficial Owner)

NOBO (Non Objecting Beneficial Owner)
A beneficial ("street") security holder who has not objected to his or her name being released to the Corporation, if the Corporation so requests.




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