Benami

noun

Definitions

Noun
  1. 1
    Property that is transacted under the name of a proxy to conceal the identity of the buyer. South-Asia, countable, uncountable
  2. 2
    A person owning such property. South-Asia, countable, uncountable

Etymology

Borrowed from Hindustani بے نامی (be nāmī) / बेनामी (benāmī, “nameless”), defined in the Benami Transactions (Prohibition) Act of 1988.

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