A person or firm to whom securities or other properties are transferred to facilitate transactions, while leaving the customer as the actual owner. Bloomberg Financial Dictionary
This is the name used by a person or firm such as a custodian when holding securities on behalf of another. The nominee is the legal owner and it is their name which appears in the register . The nominee has contractual obligations to the underlying beneficial owner. Dresdner Kleinwort Wasserstein financial glossary
A person or entity named by another to act on his behalf. A nominee is commonly used in a securities transaction to obtain registration and legal ownership of a security. Euroclear Clearing and Settlement glossary
See trustee. Euroclear Clearing and Settlement glossary

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nominee nom‧i‧nee [ˌnɒmˈniː ǁ ˌnɑː-] noun [countable]
1. someone who has been suggested for a job, position, or prize:

• Board nominees must be approved by shareholders.

• 16 winners were chosen from 500 nominees.

2. FINANCE a person or organization that holds shares, bonds etc for someone:

• What is there to prevent a taxpayer from putting his shares in the name of a nominee?

3. INSURANCE in life insurance, the name of the person who will get money if the insured person dies

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nominee UK US /ˌnɒmɪˈniː/ noun [C]
a person who someone has suggested should be considered to do a particular job, take part in an election, receive an honour, etc.: »

Each nominee is currently a member of the Board of Directors.


Republican leaders decided Saturday to hold a convention to choose their nominee in next year's U.S. Senate race.

FINANCE a person who has been chosen to look after someone's shares, bonds, etc.: »

They are only eligible if the shares are held in their own and not a nominee's name.

Financial and business terms. 2012.

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Look at other dictionaries:

  • nominee — nom·i·nee /ˌnä mə nē/ n 1: a person named as the recipient of a grant, conveyance, or annuity 2: a person named or proposed for an office, duty, or position: as a: a person named to act as another s agent or representative b: a candidate selected …   Law dictionary

  • Nominee — Nom i*nee , n. [See {Nominate}, and { ee}.] A person named, or designated, by another, to any office, duty, or position; one nominated, or proposed, by others for office or for election to office. One remains a nominee until one has been elected… …   The Collaborative International Dictionary of English

  • nominee — ● nominee nom (anglais nominee, personne désignée) Personne au nom de laquelle des titres sont immatriculés dans les cas où ils ne le sont pas au nom de leur vrai propriétaire …   Encyclopédie Universelle

  • nominee — (n.) 1660s, person named for something; see NOMINATE (Cf. nominate) + EE (Cf. ee). Sense of person named as a candidate is attested from 1680s …   Etymology dictionary

  • nominee — *candidate, aspirant, applicant …   New Dictionary of Synonyms

  • nominee — [n] candidate applicant, appointee, aspirant, contender, contestant, entrant, hopeful*, office seeker, runner, seeker; concept 359 …   New thesaurus

  • nominee — ► NOUN 1) a person who is nominated. 2) a person or company in whose name a company, stock, etc. is registered …   English terms dictionary

  • nominee — [näm΄ə nē′, näm′ə nē΄] n. [ NOMIN(ATE) + EE1] a person who is nominated, esp. a candidate for election …   English World dictionary

  • nominee — nom|i|nee [ˌnɔmıˈni: US ˌna: ] n [Date: 1600 1700; Origin: nominate] someone who has been officially suggested for an important position, duty, or prize ▪ the Democratic Party presidential nominee nominee for ▪ a nominee for the post of vice… …   Dictionary of contemporary English

  • nominee — [[t]nɒ̱mɪni͟ː[/t]] nominees N COUNT: oft N for n A nominee is someone who is nominated for a job, position, or award. His nominee for vice president was elected only after a second ballot... I was delighted to be a nominee and to receive such a… …   English dictionary

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