nominative
- adjective
- /ˈnɑːmɪnətɪv/
- Formal
- Only nominative bonds can be reissued if lost or stolen, as they are tied to the owner's identity.
Examples
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The investor preferred nominative shares because they were registered in his own name.
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Banks often require clients to hold securities in nominative form for greater transparency.
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The nominative share is registered in her name.
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He holds a nominative bond from the bank.
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The nominative shares can only be transferred by the registered owner.
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To receive dividends, you must hold nominative bonds in your name.
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She decided to invest in nominative securities for better control over her assets.
Synonyms
Shares whose owner's name is written on the official list
Antonyms
Compounds
Surface Forms
Morphology
nominative = nominate (semi-transparent) = nomin + ative
The sense 'registered in the name of' is related to the notion of 'name/nominate', so learners can partly connect it to the base root though the legal/financial use is specialized.
Etymology
Nominative comes from the Latin root nomen ('name') and is related to nominate ('to name'). In finance it means a share or bond is kept 'in the name' of a person, so the owner is clearly named and known.