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Finance Dictionary and Glossary of Investment Terms
Nominee
Definition 1.
A person or firm into whose name securities or other properties are transferred in order to facilitate transactions, while leaving the customer as the actual owner.
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Definition 2.
A person or firm to whom securities or other properties are transferred to facilitate transactions, while leaving the customer as the actual owner.
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Definition 3.
The person, bank or brokerage in whose name securities are transferred.
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