Having ownership of the benefits of the property of another without owning that property, e.g. the view afforded on one's property of a landscape and right to not have it obstructed by a neighbor who wishes to erect a 20 foot high fence. … [Read more...] about BENEFICIAL USE
B
BEARER INSTRUMENT
An instrument that is payable to the bearer or holder. … [Read more...] about BEARER INSTRUMENT
BEGGAR
One who lives by begging charity, or who has no other means of support than solicited alms. … [Read more...] about BEGGAR
BELOW PAR
Stock that is selling for less than its par value (or face value). … [Read more...] about BELOW PAR
BENEFICIARY
(A) This term is frequently used as synonymous with the technical phrase cestui que trust. (B) The refers to a person or entity that is legally entitled to receive benefits pursuant to some legal device, for example, an insurance policy, a trust or a will. Law Dictionary - Alternative Legal Definition One for whose benefit a trust is created; a cestui que trust. 1 Story, Eq. … [Read more...] about BENEFICIARY
