You need to know a few important things to know before appointing a nominee in a bank. Know about the benefits, rules to select, and other details about the nominee . A nominee acts as a temporary custodian of the deceased person’s assets. The nominee ’s role is limited to holding and managing the assets until they are legally transferred to the rightful heirs. A candidate, or nominee , is a prospective recipient of an award or honor, or a person seeking or being considered for some kind of position. For example, one can be a candidate for membership in a group or election to an office, in which case a candidate selection occurs. विकिपीडिया पर "Candidate" भी देखें। Nominee definition: a person nominated, as to run for elective office or fill a particular post.. See examples of NOMINEE used in a sentence.