Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 14 terms
An institution (NSDL or CDSL in India) that holds securities in electronic form in investors’ names.
Where your shares actually live — in your name, not your broker’s. This is why a broker failure is survivable.
SMS and email notifications sent by NSDL or CDSL on every demat debit.
An independent channel that works even if the broker app is compromised. Turn them on.
Central Depository Services Limited — one of India's two depositories, holding securities in electronic form.
Where your shares actually live. Your broker is the intermediary; the depository is the register.
A dematerialised account that holds your securities electronically at a depository.
Your share locker. The broker is only the key, not the locker.
Converting physical share certificates into electronic holdings recorded by a depository.
It ended the era when ownership was a document in a cupboard that could be forged, torn, lost or rejected weeks after the trade.
The bank account details held for you — by your depository participant for demat holdings, or on the folio at the registrar — into which dividends and redemptions are credited.
It does not follow you when you change banks, and it lives in a different place for every folio. A dividend that fails to arrive is usually this record rather than the company.
A flat fee charged by the depository participant each time shares are debited from a demat account.
Charged per stock per day, not per share. It punishes small and fragmented positions hardest.
A depository statement listing every security in a demat account.
Start an annual review from the statements, not from memory — memory omits exactly what is worth finding.
The twelve-character code, beginning with the country code IN, that identifies a security in the depository system.
What your demat account actually holds is a quantity against an ISIN. The symbol is a label for screens; this is what settlement moves.
National Securities Depository Limited — India's other depository, and the older of the two.
Same role as CDSL. Which one holds your account depends on your broker, and both issue a consolidated statement.
A movement of securities between demat accounts instructed directly at the depository, without any exchange trade.
Charged per holding, and the reason recorded on the instruction matters — a move between your own accounts is a different thing from a gift or a private sale.
The company’s statutory list of who owns its shares, maintained through its registrar; dematerialised shares appear in it in the depository’s name.
The entry is the ownership and the certificate is only evidence of it. Losing the paper does not lose the shares, and holding the paper does not let you sell them.
What you actually paid for an asset, used with the date of acquisition to compute the gain when it is sold.
Not held by the depository and invisible to a new broker. Moving accounts changes nothing about it and everything about who can prove it — which is why the old statements are what you take with you.
Electronic voting on company resolutions through NSDL or CDSL, open for a window before the meeting.
Takes a few minutes and requires no attendance. The notice arrives by email at whatever address your depository has.