Dematerialization definition

Dematerialization. ( 去實物化 ) means the process of converting prescribed securities from certificated form into uncertificated form;

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Dematerialization means the elimination of physical certificates or documents of title that represent ownership of securities so that securities exist only as book entry records.

Dematerialization means the process whereby the underlying physical certificate is no longer recognized as prima facie evidence of ownership of securities and securities are issued only in the form of book entry.

Examples of Dematerialization in a sentence

Share Transfer System Distribution of shareholding Dematerialization of shares and liquidity Outstanding GDRs/ADRs/Warrants or any Convertible instruments, conversion date and likely impact on equity Plant Locations Address for correspondence Schedule – III C Non-Mandatory Requirements Chairman of the Board A non-executive Chairman should be entitled to maintain a Chairman’s office at the company’s expense and also allowed reimbursement of expenses incurred in performance of his duties.
The Payment is not conditioned of the Dematerialization Process being successful.
The procedure of Dematerialization of physical shares is as follows:  Open a Demat account with a Depositary Participant (DP) of Central Depository Services (I) Limited, if not having Demat account.
Registrar and Transfer Agents Share Transfer System Distribution of shareholding Dematerialization of shares and liquidity Outstanding GDRs/ADRs/Warrants or any Convertible instruments, conversion date and likely impact on equity.
Dematerialization of the existing physical share certificates representing the Sale Shares; 6.
The Client acknowledge that the Payment shall be made prior to Saxo Bank commencing the Dematerialization Process upon request of Saxo Bank.
MKK shall unilaterally amend General Rules and Business Conditions of MKK, MKK Regulation and Communique on Dematerialization.
The Client gives Saxo Bank authorization to take any necessary steps to carry out the Dematerialization Process.

More Definitions of Dematerialization

Dematerialization means the electronic/ digital keeping of records.

Dematerialization means the process by which the Security holder of a Company can get physical Securities certificate converted into electronic balances in his/her account maintained with the participant of a Depository and the expression "Dematerialize" or "Dematerialized" shall be construed accordingly.

Dematerialization means substituting electronic exchanges for paper exchanges, travel, face to face exchanges, and so on. It also sometimes refers to a reduction in the material content of economic growth, and a possible decoupling of GDP growth from growth in resource consumption and emissions — but this decoupling has not (yet?) taken place, and potential “rebound effects” throw

Dematerialization means converting existing physical government securities into electronic form and issuance of new government and NBE securities only in electronic recoding form.