nominee
n.-
1 candidate for award or office (n.) B2 Upper Intermediatesomeone who is officially suggested for a prize, a job, or a political role.
a person formally proposed as a candidate for an election, an appointment, or an honour such as an Academy Award.
ExampleThe Oscar nominee thanked her family during her short speech on stage.
ExampleThe presidential nominee spent the final weeks of the campaign touring the swing states to secure the support of undecided voters.
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2 legal/financial representative (n.) C1 Advanced Technical Formal Lawa person or company that holds property or shares for someone else to keep the real owner's name private.
a person or entity in whose name a security or property is registered, while the beneficial ownership remains with another party.
ExampleHe put the shares in the name of a nominee to keep his investment private.
ExampleThe assets were held by a nominee company to facilitate the transfer of titles without disclosing the identity of the primary investors.
UsageOften used in the context of 'nominee accounts' in banking or 'nominee shareholders' in corporate law.
From nomin(ate) + -ee.