Demat

Definition : Dematerialized
Category : Business » Stock Market
Country/Region : Worldwide Worldwide
Popularity :

What does Demat mean?

Dematerialized (Demat) Account, is a type of account that allows investors to hold their shares and securities in an electronic form. Shares and securities in Demat account remain in dematerialized form instead of physical certificates. Dematerialization is the process of converting physical share certificates into electronic format.