- dematerialization
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FINANCE in trading shares, bonds etc, to change from a system based on Certificates (= official documents showing ownership) to paperless (= where records of ownership are kept on computer):
• The government is encouraging all investors to dematerialize their shares.
• Paper-based registered shares not submitted to the Company for dematerialization will be sold through the Athens Exchange.
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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.