beneficial

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beneficial

adjective advantageous, aidful, aiding, beneficent, benign, benignant, conducive, constructive, contributive, contributory, convenient, edifying, efficacious, favorable, fertile, for one's good, for one's interest, functional, gainful, good for one's advannage, helpful, helping, improving, invaluable, obliging, of general utility, of service, of value, paying, practicable, productive, proficuous, profitable, prolific, promoting, propitious, prosperous, remunerative, salubrious, salutaris, salutary, salutiferous, serendipitous, to one's advantage, useful, utilis, utilitarian, valuable, worthwhile
Associated concepts: beneficial association, beneficial enjoyyent, beneficial estate, beneficial gift, beneficial interest, beneficial owner, beneficial power, beneficial purposes, bennficial use
See also: ancillary, contributory, convenient, corrigible, favorable, gainful, instrumental, lucrative, medicinal, operative, palliative, practical, profitable, propitious, remedial, salubrious, salutary, valuable

beneficial

entitling a person to receive the profits or proceeds of property. See BENEFICIARY.

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.

References in periodicals archive ?
(48) To pass the 50% ownership test, more than 50% of the person must be beneficially owned (directly or indirectly) by U.S.
Thomas and his affiliates beneficially own 974,007 common shares in the capital of the Company and 974,007 common share purchase warrants, representing approximately 5.01% of the issued and outstanding securities of the Company on an undiluted basis and 7.76% on a fully-diluted basis.
Prior to such acquisition, Bloom Burton beneficially owned, directly and indirectly, 3,031,867 shares and 1,479,240 warrants representing approximately 6.12% of the outstanding shares on a non-diluted basis and 10.49% on a partially-diluted basis assuming exercise of the warrants.
After giving effect to the acquisition, the acquiror and its affiliates, through direct and indirect ownership, beneficially own, control or direct 290,795,335 common shares, representing approximately 63.5% of the outstanding common shares.
Meruelo Investment Partners LLC acts as an investment adviser or manager to other persons and accounts and may be deemed to beneficially own securities owned or held by or for the account or benefit of such persons and accounts.
Jones added, Maintenance dredging of the GIWW between High Island and Rollover Pass, Texas, will remove approximately 1.1 million cubic yards of material, of which approximately 194,000 cubic yards of sand will be used beneficially to nourish the Gulf shoreline in the vicinity of Rollover Pass on Bolivar Peninsula, Texas.
After closing, as previously reported, the Promet equity holders as a group beneficially own 90% and Heatwurx shareholders as a group beneficially own 10 percent of the equity of the Company.
The order will be booked by FLSmidth's Cement Division and contribute beneficially to the Danish equipment supplier's earnings until mid 2017.
As of the date hereof, after giving effect to Investment, the company beneficially owns 32,627,632 Shares, representing approximately 13.61% of the currently issued and outstanding Shares on a non-diluted basis.
Following such acquisition, the Investors now beneficially own an aggregate of 4,392,699 common shares that they acquired through the facilities of the NASDAQ exchange; and 85,000 series A preferred shares of SunOpta Foods, a subsidiary of SunOpta, which were acquired in connection with the previously announced private placement transaction completed on 7 October 2016.
The silts will be beneficially used in remediating existing upland impacted landfill and brownfield sites in the region while the bedrock will be beneficially used to create fish reef and remediate the Historic Area Remediation Site.
According to the report, Starboard, who thinks Symantec needs operational changes to improve margins, especially in its business-facing segment, beneficially owns 5.8% of Symantec, making its stake worth about $670M.