Meaning of “demat” in the English Dictionary


"demat" in Business English

See all translations

dematadjective [ before noun ]

uk /ˈdiːmæt/ us

STOCK MARKET, FINANCE used to describe shares, etc. that are dematerialized (= bought, sold, and stored electronically), rather than being sold, etc. in the form of certificates (= paper documents):

Lower interest is charged for loans taken against demat shares as compared to loans against physical shares.
a demat account

(Definition of “demat” from the Cambridge Business English Dictionary © Cambridge University Press)