Glossary › demat account
Trading glossary · markets
demat account
An online account in India that holds your shares safely, like a bank account holds money.
The fuller meaning
The electronic account in which Indian investors hold shares, opened with a depository participant; the depositories are NSDL and CDSL. Most share trades settle T+1, when the shares reach the demat account.
demat account, also called demat.
Related words
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