Business Pitch Dictionary by pitch.dog
Company forms & group structures · Core

Ultimate beneficial owner

Also called: UBO

ELI5

The natural person who ultimately owns or controls an entity under applicable rules.

Used in conversation

“Counsel wants ultimate beneficial owner clarified before anyone signs.”

Pitch context

You will see “Ultimate beneficial owner” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.

Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.