Demat Account

  • Definition: Short for “Dematerialized Account,” a Demat account is an electronic account used to hold securities such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs) in electronic form. It eliminates the need for physical share certificates by converting them into electronic records. Demat accounts facilitate safe and convenient trading, investing, and transfer of securities.
  • Alternate Term: Electronic Securities Account, Digital Securities Account