equitable interest
[/ɪˈkwɪtəbəl ˈɪntrəst/]
nounpl: equitable interests
interesse equitativo
1. A beneficial right or claim to property that is recognized by a court of equity, even though the legal title may be held by another person
The beneficiary of a trust holds an equitable interest in the trust property.
O beneficiário de um fideicomisso possui um interesse equitativo na propriedade do fideicomisso.
2. The right to enjoy the benefits of property ownership without necessarily holding legal title
She has an equitable interest in the house despite her spouse holding the legal deed.
Ela tem um interesse equitativo na casa apesar de seu cônjuge ser o detentor legal da escritura.
3. In common law jurisdictions, a proprietary right enforceable by equity courts rather than courts of law
The court recognized his equitable interest in the disputed property.
O tribunal reconheceu seu interesse equitativo na propriedade em disputa.
This term is primarily used in common law legal systems (UK, USA, Australia, and other former British colonies). While Brazil uses a civil law system, the concept is increasingly recognized in modern Brazilian commercial and trust law, particularly in international transactions and cross-border legal matters. Understanding equitable interest is crucial for anyone dealing with English-language contracts, trusts, or property matters.
Related Idioms & Phrases
hold an equitable interest in
have an equitable interest
equitable interest arises
recognized equitable interest
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →