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

NOMINEE COMPANY

\nˈɒmɪnˌiː kˈʌmpəni], \nˈɒmɪnˌiː kˈʌmpəni], \n_ˈɒ_m_ɪ_n_ˌiː k_ˈʌ_m_p_ə_n_i]\

Definitions of NOMINEE COMPANY

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

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A company that is formed by a financial institution or another organisation which operates an account that 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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