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Dematerialization - DEMAT

What Does It Mean?
What Does Dematerialization - DEMAT Mean?
The move from physical certificates to electronic book keeping. Actual stock certificates are slowly being removed and retired from circulation in exchange for electronic recording.
Investopedia Says
Investopedia explains Dematerialization - DEMAT
With the age of computers and the Depository Trust Company, securities no longer need to be in certificate form. They can be registered and transferred electronically.
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