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The French word restaurateur comes from the Late Latin term restaurator ("restorer") and from the Latin term restaurare. [1] [2] [3] The word restaurateur is simply French for a person who owns or runs a restaurant. [4]
A straw owner is a person who owns property legally or has the legal appearance of owning something but does so on behalf of another, sometimes for a fee, and typically solely to hide the identity of the effective owner. Most instances of straw ownership are legal, but the arrangement is sometimes made for nefarious, illegal purposes.
The site cross-references the contents of dictionaries such as The American Heritage Dictionary of the English Language, the Collins English Dictionary; encyclopedias such as the Columbia Encyclopedia, the Computer Desktop Encyclopedia, the Hutchinson Encyclopedia (subscription), and Wikipedia; book publishers such as McGraw-Hill, Houghton Mifflin, HarperCollins, as well as the Acronym Finder ...
Beneficial owner is subject to a state's statutory laws regulating interest or title transfer. [2] This often relates where the legal title owner has implied trustee duties to the beneficial owner. [clarification needed] A common example of a beneficial owner is the real or true owner of funds held by a nominee bank.
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Over the millennia and across cultures, notions regarding what constitutes "property" and how it is treated culturally have varied widely. Ownership is the basis for many other concepts that form the foundations of ancient and modern societies such as money, trade, debt, bankruptcy, the criminality of theft, and private vs. public property.
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