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Legal Definitions - prête-nom
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Definition of prête-nom
PRÊTE-NOM
A prête-nom (pronounced pret-nohm) is someone who lends their name to another person or entity.
- A businessman uses a prête-nom to register a company in their name, but the businessman is the one who actually runs the company.
- A celebrity uses a prête-nom to purchase a property, so that their name is not publicly associated with the purchase.
These examples illustrate how a prête-nom can be used to conceal the true identity of the person or entity behind a transaction or business. The prête-nom is essentially a front or a cover for the actual person or entity involved.
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Simple Definition
Term: PRÊTE-NOM
Definition: A prête-nom is someone who lets another person use their name for something.
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