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dematerialize

From Longman Business Dictionary
Related topics: Finance, Computers
dematerializede‧ma‧te‧ri‧a‧lize /ˌdiːməˈtɪəriəlaɪz-ˈtɪr-/ (also dematerialise British English) verb [transitive] FINANCE in trading shares, bonds etc, to change from a system based on CERTIFICATES (=official documents showing ownership) to PAPERLESS TRADING (=where records of ownership are kept on computer)The government is encouraging all investors to dematerialize their shares.dematerialization (also dematerialisation British English) noun [uncountable]Paper-based registered shares not submitted to the Company for dematerialization will be sold through the Athens Exchange.
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