What is the definition of Nominee account? | Dictionary.net

NOMINEE ACCOUNT

\nˈɒmɪnˌiː ɐkˈa͡ʊnt], \nˈɒmɪnˌiː ɐkˈa‍ʊnt], \n_ˈɒ_m_ɪ_n_ˌiː_ ɐ_k_ˈaʊ_n_t]\

Definitions of NOMINEE ACCOUNT

1910 - Black's Law Dictionary (2nd edition)

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The account under the name of the nominee which holds assets and securities on behalf of the actual owner under the terms of a custodial agreement.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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