Nominee

2 topics · 2 sources

Business› Banking

Offshore Banking

A nominee is an individual or entity, which acts on behalf of a beneficial owner. Most often the nominee pretends to be the owner of an entity, asset, or transaction to provide a veil of secrecy as to the beneficial owner's involvement. Many offshore entities provide nominee services whereby they will provide a nominee to act as owner of your arrangement but generally will not act unless instructed to by the beneficial owner.

Government

Election

A person selected by others to run for office is the nominee. Nominees may be selected in primary elections or conventions.

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