Dematerialization
/ˌdiːˌmætɪərɪəlaɪˈzeɪʃən/
Definitions
- (n.) The process of converting physical certificates or documents into electronic form for legal or financial purposes.
The dematerialization of shares has streamlined trading and record-keeping in the stock exchange.
Forms
- dematerialization
Related terms
See also
Commentary
Dematerialization is often used in the context of securities law and financial regulation, emphasizing the legal equivalence of electronic records to traditional physical documents.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.