CREST Stock Account

CREST Stock Account
Within each member account there is a stock account reflecting each individual line of stock held. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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  • CREST — is the Central Securities Depository for the U.K., Republic of Ireland, Isle of Man and Jersey equities and UK gilts. It operates a settlement system, allowing trades that have been agreed to be settled.It allows shareholders and bondholders to… …   Wikipedia

  • 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

  • deposit into CREST — The transfer of shares or securities into a CREST member s stock account resulting either as a result of a conversion of those shares or securities from certificated form or an election to hold them in uncertificated form. Practical Law… …   Law dictionary

  • Individual Savings Account — An Individual Savings Account (ISA; pronounced /ˈaɪsə/) is a financial product available to residents in the United Kingdom. It is designed for the purpose of investment and savings with a favourable tax status. Money is contributed from… …   Wikipedia

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  • 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

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  • Clan Morrison — Crest badge suitable for members of Clan Morrison. Clan Morrison is a Scottish clan. There are numerous Scottish clans, both Highland and Lowland, which use the surname Morrison. In 1965, the Lord Lyon King of Arms decided to recognise one man as …   Wikipedia

  • Clan Forbes — Crest badge Crest: A stag s head attired with ten tines Proper.[1] Motto: Grace, me guide …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

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