nominee name - meaning and definition. What is nominee name
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What (who) is nominee name - definition

TYPE OF SECURITIES OF COMPANIES
Nominee account

Legal name         
NAME THAT IDENTIFIES A PERSON FOR LEGAL, ADMINISTRATIVE AND OTHER OFFICIAL PURPOSES
Real name; Official name; Official name (person); Mundane name; Legal name (business); True name (legal); Real life name; Business legal name; Government name; German naming law; Civilian name; Civil name; Worldly name; Secular name; Lay name
A legal name is the name that identifies a person for legal, administrative and other official purposes. A person's legal birth name generally is the name of the person that was given for the purpose of registration of the birth and which then appears on a birth certificate (see birth name), but may change subsequently.
Religious name         
  • In many Christian traditions, those who receive the [[sacrament]] of [[baptism]] are given a [[Christian name]] by which they become known.
GIVEN NAME BESTOWED FOR A RELIGIOUS PURPOSE
Name in religion; Monk name; Religious Name; Monastic name; Monk's name; Spiritual name
A religious name is a type of given name bestowed for a religious purposes, and which is generally used in such contexts.
Regnal name         
NAME CHOSEN BY A REIGNING MONARCH, DIFFERENT FROM THEIR ORIGINAL SECULAR NAME
Reign name; Reignal name; Throne name; Name of state
A regnal name, or regnant name or reign name, is the name used by monarchs and popes during their reigns and, subsequently, historically. Since ancient times, some monarchs have chosen to use a different name from their original name when they accede to the monarchy.

Wikipedia

Street name securities

The phrase street name securities or "nominee name securities" is used in the United States to refer to securities of companies which are held electronically in the account of a stockbroker or bank or custodian, similar to a bank account. The entity whose name is recorded as the legal owner of the securities is known as the "nominee owner," and that entity has ownership rights in the security. The nominee owner holds those ownership rights on behalf of the true economic owner who is referred to as the beneficial owner.

In the US, Cede & Co., a nominee of Depository Trust Company, is typically the largest stockholder of a company. In the US where Cede & Co. is the street name holder, therefore, all beneficial rights such as voting rights and dividends flow first to the nominee holder Cede, and then are passed onward, and ultimately to the beneficial owners. In the United Kingdom this is known as holding shares in a nominee account.

As well as the terminology differing between countries, the commercial practice also differs from country to country.

The popularity of nominee accounts, which have existed for over a century, has increased rapidly since the introduction of Internet share dealing in the late 1990s and in some cases stocks can only be held electronically, such as exchange-traded funds, but holding shares in this way can have disadvantages compared to other methods.