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beneficial use

Defined in 2 dictionaries — Case Law, Black's (1910)

Definitions from Case Law

From 378 U.S. 39 - United States v. Boyd · 1964Most cited · 309 citing opinions

the use by a federal contractor of property owned by the United States in connection with commercial activities carried on for profit, which constitutes a separate and distinct taxable activity even though the tax is measured by the value of the Government's property and even though the contract is for goods or services for the United States

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The right to use and enjoy property according to one's own liking or so as to derive a profit or benefit from it, including all that makes it desirable or habitable, as. light, air, and access; as distinguished from a mere right of occupancy or possession. Reining v. Railroad Co. (Super. Ct.) 13 N. Y. Supp. 240.

Defined under Beneficial in Black's Law Dictionary.