dematerialized

A term used to describe a physical certificate representing ownership of a security (a stock certificate or a bond) that is held by a trustee. This is an arrangement through which a physical certificate is held so that all future transactions can be conducted as if the security were issued as a book-entry security. Ownership and liens are recorded in the records of the trustee rather than evidenced by physical possession of the certificate.
Also called immobilized.
Less often, dematerialized is used to refer to book-entry securities that have never been issued in physical form. American Banker Glossary

* * *

dematerialize UK US (UK ALSO dematerialise) /ˌdiːməˈtɪəriəlaɪz/ verb [T] STOCK MARKET, FINANCE
to replace certificates (= paper documents) by a system in which shares, etc. are bought, sold, and stored electronically: »

The investor can dematerialize only those certificates that are already registered in his name.

dematerialization (UK ALSO dematerialisation) noun [U]
»

the dematerialization of securities

dematerialized (UK ALSO dematerialised) adjective
»

An investor has the option to hold shares either in physical or in dematerialized form.


Financial and business terms. 2012.

Look at other dictionaries:

  • dematerialized — dematerialize (Amer.) v. make or become immaterial; lose apparent physical substance (also dematerialise) …   English contemporary dictionary

  • Demat account — The term Demat, in India, refers to a dematerialised account for individual Indian citizens to trade in listed stocks or debentures, required for investors by The Securities Exchange Board of India (SEBI). In a demat account, shares and… …   Wikipedia

  • Dematerialization — For the phenomenon resembling teleportation, see teleportation. 3R Concepts Waste Disposal Hierarchy Reduce Reuse Recycle Barter Dematerialization …   Wikipedia

  • Central Securities Depository — A Central Securities Depository (CSD) is an organization holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities. In some cases these organizations also carry out centralized… …   Wikipedia

  • List of Code Lyoko episodes — This is a list of episodes for the French animated television series, Code Lyoko. The first season has no set viewing order save for the last two episodes, so it is listed by the order in which it aired. The following seasons have their episodes… …   Wikipedia

  • dematerialize — de‧ma‧te‧ri‧a‧lize [ˌdiːməˈtɪəriəlaɪz ǁ ˈtɪr ] also dematerialise verb [transitive] FINANCE in trading shares, bonds etc, to change from a system based on Certificates (= official documents showing ownership) to paperless (= where records of… …   Financial and business terms

  • dematerialization — dematerialize de‧ma‧te‧ri‧a‧lize [ˌdiːməˈtɪəriəlaɪz ǁ ˈtɪr ] also dematerialise verb [transitive] FINANCE in trading shares, bonds etc, to change from a system based on Certificates (= official documents showing ownership) to paperless (= where… …   Financial and business terms

  • Crest — may refer to: Contents 1 In science 2 In popular culture 3 In commerce 4 Places 5 Acronyms …   Wikipedia

  • Day trading — This article is about the practice. For the occupation, see Day trader. Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close… …   Wikipedia

  • Book entry — is a system of tracking ownership of securities where no certificate is given to investors. In the case of book entry only (BEO) issues, while investors do not receive certificates, a custodian holds one or more global certificates.… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.