demat
adjective[before noun]
uk/ˈdiːmæt/usSTOCK MARKET,FINANCE
used todescribeshares, etc. that aredematerialized(=bought,sold, andstoredelectronically),ratherthan beingsold, etc. in theformofcertificates(=paperdocuments):
Lowerinterestischargedforloanstaken against dematsharesascomparedtoloansagainstphysicalshares.
a demataccount