A while ago, MEW had an article by a chap from Oz or NZ, going by the nickname M2Z. (He says that his name is too unpronounceable otherwise)
He described a simple mod to a bit of steel strip, or banding strip, to hold the nut on a mini lathe, for fitting or removal, to prevent the nut falling down, and having to grovel around under the chuck to retrieve it (them)
It works! Could be scaled up for larger nuts / machines.
The object is to generate sufficient clamping force for the friction between the chuck and the mandrel to prevent slippage under load.The nut/stud combinations, Camlock fittings, and king size castelated nut arrangements do this.
(If there were to be any relative movement the studs would soon wear and shear off) The friction between the threads, and / or flange, on a lathe with a screw fitting chuck, does the same thing.
Howard