dematerialised
Shares which are no longer evidenced by share certificates but are held electronically in a depositary system such as CREST.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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

  • dematerialised holdings — This describes stock which is held in electronic accounts, i.e. in uncertificated form, instead of as paper certificates, i.e. in certificated form. See CREST. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

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  • Delhi Stock Exchange Association — The Delhi Stock Exchange (DSE) is located in New Delhi, India. It was incorporated on June 25, 1947. The exchange is an amalgamation of Delhi Stock and Share Brokers Association Limited and the Delhi Stocks and Shares Exchange Limited. It is… …   Wikipedia

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  • CREST Member — A CREST participant holding dematerialised stock (see dematerialised holdings) in stock accounts. A member is the legal owner of the securities and will appear in the company register. Typical Crest members include market makers, broker dealers,… …   Financial and business terms

  • escrow account — In takeover situations this is a CREST facility which permits dematerialised stock ( dematerialised holdings) to be transferred on behalf of accepting shareholders into this special account. The stock remains in the name of the holder, but under… …   Financial and business terms

  • stock deposit — This is a transaction to deposit stock currently in paper form ( i.e. held outside CREST) into dematerialised form within a CREST Member account ( CREST Member Accounts). See dematerialised holdings. Dresdner Kleinwort Wasserstein financial… …   Financial and business terms

  • stock withdrawal — This is a transaction to withdraw stock held within CREST in dematerialised form ( dematerialised holdings) for holding outside CREST in paper form. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

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