BENEFICIAL HOLDER OF SECURITIES

beneficial holder of securities.A holder of equitable title to corporate stock. • The stock is not registered under the holder’s name in the corporation’s records.[Blacks Law 8th]

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BENEFICIAL

beneficial,adj.1. Favorable; producing benefits <beneficial ruling>.2. Consisting in a right that derives from something other than legal title < beneficial interest in a trust>.[Blacks Law 8th]

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BENEFICE

benefice (ben-<<schwa>>-fis).1.Hist. A feudal estate in land, held during the life of the tenant. See BENEFICIUM(3). “[T]he vassal no longer owns the land, but ‘holds’ it ‘of’ the lord — the vassal has become a ‘tenant’ (from the Latin, ‘tenere’, to hold). The vassal’s interest in the land so held, first called a ‘benefice’, is…

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BENE FACTUM

bene factum (ben-ay fak-t<<schwa>>m). See BONUM FACTUM. [Blacks Law 8th]

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BENCH WARRANT

bench warrant.A writ issued directly by a judge to a law-enforcement officer, esp. for the arrest of a person who has been held in contempt, has been indicted, has disobeyed a subpoena, or has failed to appear for a hearing or trial. • A bench warrant is often issued for the arrest of a child-support…

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