equitable ownership

Equitable ownership, in the context of corporate/commercial law, is a doctrine under which an individual who exercises sufficient control over the corporation may be deemed an equitable owner, notwithstanding the fact that the individual is not a shareholder of the corporation. See Freeman v. Complex Computing Co., Incorporation.  

[Last reviewed in December of 2021 by the Wex Definitions Team]

Keywords

• llcs-corporations-partnerships

Wex

• COMMERCE
• commercial activities
• securities
• PROPERTY
• trusts
• inheritances & estates
• wex definitions
• commercial transactions