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Dematerialisation
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Dematerialisation - otherwise known as , "Beam up my share certificates, Scotty!"
With the introduction of CREST , the stock exchange's computerised settlement system, share certificates will no longer be issued to you as proof of ownership (unless you actually ask for them).
Evidence of ownership of a share will be based on trading records.
See Also: Online share dealing service Stockmarket Centre
Last Updated: June 2007 © Moneyextra.com
Our senior editor Robin Amlôt recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.