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LSDefine

Simple English definitions for legal terms

dematerialized security

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A quick definition of dematerialized security:

Dematerialized security is a type of security that does not have a physical certificate. Instead, ownership is recorded electronically. This means that there is no need for paper certificates to prove ownership. Dematerialized securities can include stocks, bonds, and other types of investments. They are a modern way of keeping track of ownership and making transactions easier and faster.

A more thorough explanation:

Dematerialized security is a type of security that does not have a physical certificate. Instead, ownership is recorded electronically.

For example, if you own stocks in a company, you used to receive a paper certificate that proved your ownership. But now, most stocks are held in dematerialized form, meaning that the ownership is recorded electronically in a database.

This type of security is also known as an uncertificated security. It is becoming more common because it is more efficient and cost-effective than using physical certificates.

Dematerialized securities are a way for investors to own assets without having to physically hold them. This makes it easier to buy and sell securities, and it reduces the risk of loss or theft of physical certificates.

de maritagio amisso per defaltam | de me

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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