beneficial

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beneficial

entitling a person to receive the profits or proceeds of property. See BENEFICIARY.
Collins Dictionary of Law © W.J. Stewart, 2006

BENEFICIAL. Of advantage, profit or interest; as the wife has a beneficial interest in property held by a trustee for her. Vide Cestui que trust.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
"SJP Properties is committed to providing our tenants with world class business environments and we are pleased to continue to attract and retain leading companies such as HSBC at the Somerset Corporate Center office park." HSBC Finance Corporation's subsidiaries provide real estate secured loans, auto loans, credit cards and private label credit cards, personal non-credit card loans, taxpayer financial services and specialty insurance products.
HSBC Finance is a subsidiary of HSBC North America Holdings Inc.
The bank said, 'HSBC Finance agreed to pay USD1.57bn to settle all claims in Jaffe v.
The problems stem from aggressive selling of subprime mortgages by its US arm HSBC Finance, formerly the Household business bought for $14.8bn five years ago.
Renda is a member of the board of directors of HSBC Finance Corp.
The DeZube article also recounts how HSBC Finance Corporation, Prospect Heights, Illinois, has been monitoring the performance of a separate portfolio of 9,000 loans made to customers who received foreclosure-relief assistance.
Profits in the US division's personal business fell by EUR725m, caused by a portfolio of sub-prime mortgages bought by US consumer finance subsidiary Mortgage Services.The head of HSBC's US division, HSBC Finance chief executive Bobby Mehta, resigned two weeks ago.
HSBC Holdings plc CHSBC"), HSBC Finance Netherlands ("HFN"), and HSBC Holdings BV ("HHBV"), all bank holding companies within the meaning of the Bank Holding Company Act ("BHC Act"), have requested the Board's approval under section 3 of the BHC Act (12 U.S.C.
New York: Fitch Ratings has affirmed and withdrawn the ratings for HSBC Finance Corporation (HBIO) and Beneficial Company, LLC (Beneficial).
HSBC Finance Corporation has announced the early tender results of its previously announced offer to purchase for cash up to USD 1,104,230,000 (the "Tender Cap") of its outstanding 6.676% Senior Subordinated Notes due January 15, 2021 (CUSIP: 40429CGD8, 40429CGB2 and U4428DCD4; ISIN: US40429CGD83, US40429CGB28 and USU4428DCD40) (the "Notes"), from holders thereof (each, a "Holder" and collectively, the "Holders"), the company said.
HSBC Finance Corporation, a part of HSBC Holdings Plc (LSE: HSBA) (NYSE: HBC) (HKG: 0005), has said that it will redeem USD575m of 6.36 percent non-cumulative preferred stock, series B.