ANZ 1.18% $29.99 anz group holdings limited

possible last ditch talks on opes, page-14

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    From ANZ
    Their published financial dictionary
    Available on the Web


    Nominee

    A name put forward as a surrogate, an agent acting on behalf of a principal, often used when the buyer or seller of shares or other securities wants to keep his or her identity confidential, or wants another party to administer a portfolio (for example, bank nominees for overseas shareholders).


    Nominee company

    A company whose sole function is to hold shares or securities on behalf of someone else.

 
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