Dematerialised securities

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“Dematerialised” securities or financial instruments — AKA book-entry securities, because they only exist as entries in the books and records of a depositary organisation and don’t have other corporeal form as “res extensa” — are those which have swallowed the blue pill, jacked themselves into the Matrix, and gone digital, no longer having earthly existence as a security printed, paper “thing”.

That is, in this day and age, pretty much all of them.

See also

• Bearer instrument