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Dematerialized account used to maintain shares in a digital form similar to a bank account.
All shares bought and sold through this account.
Back in the day, share where traded physically, in actual certificates. With the boom of the internet the physical certificates had made way for the e cretificates or the dematerialisation of the physical certificate. A demat account is an account used to investors and traders to buy and sell shares or stocks.
Demat account is where our shares have been held after we buy the shares.
Shares and securities are held electronically in a dematerialsed Account ( DEMAT). Share certificates are saved through electronically. There is no issue of physical lost, fire and free from other abnormalities.
demat a/c where the share certificates are kept in digital format.
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