deposit into CREST

deposit into CREST
The transfer of shares or securities into a CREST member's stock account resulting either as a result of a conversion of those shares or securities from certificated form or an election to hold them in uncertificated form.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • stock deposit — This is a transaction to deposit stock currently in paper form ( i.e. held outside CREST) into dematerialised form within a CREST Member account ( CREST Member Accounts). See dematerialised holdings. Dresdner Kleinwort Wasserstein financial… …   Financial and business terms

  • electronic data capture — This is the input into CREST of the details of a stock deposit. See stock deposit. Dresdner Kleinwort Wasserstein financial glossary * * * electronic data capture UK US noun [U] (ABBREVIATION EDC) IT ► the process of using computer equipment or… …   Financial and business terms

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