Multiple choice general knowledge

The elimination of physical certificates or documents of title which represent ownership of securities so that securities exist only as accounting records

  1. Dematerailisation

  2. Depository Instution

  3. Delivery Value

  4. Materialization
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A Correct answer
Explanation

Dematerialisation (note: spelled with 'ti' not 'tail' as shown in option) is the process of converting physical securities into electronic form, eliminating paper certificates. This is the standard system in modern stock markets. The option has a typo but correctly identifies the concept.

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