be·​na·​mi | \ bə-ˈnä-mē \
variants: or less commonly benamee \ bə-​ˈnä-​mē \

Definition of benami

: made, held, done, or transacted in the name of (another person) used in Hindu law to designate a transaction, contract, or property that is made or held under a name that is fictitious or is that of a third party who holds as ostensible owner for the principal or beneficial owner

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History and Etymology for benami

Hindi benāmī, from Persian banām in the name of + -ī

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“Benami.” Dictionary, Merriam-Webster, Accessed 1 Apr. 2020.

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