Investor Terms

Beneficial Owner

Definition

What is Beneficial Owner?

The natural person who ultimately owns, controls, or benefits from an account or investment.

Example in practice

A company opens an investment account, but its controlling individual must still be identified as beneficial owner.

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The identity and due-diligence checks a financial institution performs before serving an investor.

An assessment of an investor's ability and willingness to accept investment losses and uncertainty.

The expected period before invested money will be needed.

Tax deducted at source from specified income payments before the recipient receives the balance.

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