TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NOMINEE COMPANY [1 record]

Record 1 1998-07-13

English

Subject field(s)
  • Banking
  • Stock Exchange
  • Investment
CONT

Registered owner of a stock or bond if different from the beneficial owner, who acts as holder of record for securities and other assets. Typically, this arrangement is done when a broker or trustee holds securities in street name, or the actual owner may not wish to be identified. Nominee ownership simplifies the registration and transfer of securities held under a corporate name, and often is done by banks, trust companies, custodians, and fiduciaries for institutional or individual clients.

French

Domaine(s)
  • Banque
  • Bourse
  • Investissements et placements

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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