A nominee is a person named by another (the nominator) to act on his or her behalf, often to conceal the identity of the nominator. This concept is frequently used in various financial and legal contexts, particularly in nominee shareholding.
An individual who purchases property for the purpose of concealing the identity of the eventual purchaser, often used in real estate transactions.
Street name refers to the practice of holding securities in the name of a broker or another nominee instead of the customer's own name. This facilitates easier and faster transfer of shares.
