The term "beneficial owner" refers to the person who ultimately owns or benefits from a particular asset, such as a stock or piece of property. There are a variety of synonyms that can be used to describe this concept, including the terms "true owner," "final owner," or "ultimate beneficiary." Other similar terms include "controlling shareholder," "majority shareholder," or simply "owner." In some contexts, the term "equitable owner" may be used to describe the beneficial owner, especially in situations where legal ownership of an asset is held by someone else, such as a trust or corporation. Regardless of the specific terminology, the concept of the beneficial owner is an important aspect of many legal and financial arrangements.