Understand the true legal meaning of a nominee , its difference from a legal heir, and how nominations work across banks, insurance, and property. Clear misconceptions and protect your family's inheritance rights. Nominee definition: a person nominated, as to run for elective office or fill a particular post.. See examples of NOMINEE used in a sentence. NOMINEE definition: 1. someone who has been nominated for something: 2. a person who is officially chosen for a…. Learn more. A nominee is a trustee of assets and not the owner of the assets. A nominee gets the transfer of asset in her name but is bound to transfer the assets in favour of the legal heirs.
