Ultimate Beneficiary
/ˈʌltɪmət bɛnɪˈfɪʃəri/
Definitions
- (n.) The individual or entity who ultimately receives benefits from a transaction, asset, or arrangement, often in fiduciary, trust, or financial contexts.
The ultimate beneficiary of the trust was revealed in the final amendment.
Forms
- ultimate beneficiary
- ultimate beneficiaries
Related terms
See also
Commentary
Term is commonly used in trust and financial law to clarify who gains ultimate rights or benefits, distinct from intermediaries or nominal holders.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.