DEMAT meaning in Stock Exchange ?

What is Dematerialization mean?

Dematerialization may refer to:

Dematerialization (art), an idea in conceptual art where the art object is no longer materialDematerialization (economics), the reduction in the quantity of materials required to serve economic functions (doing more with less)Dematerialization (products), using less or no material to deliver the same level of functionalityDematerialization (securities), moving from handling paper securities certificates to book form, usually electronicDemat account, a type of banking account in India where paper-based physical shares are stored electronicallyTeleportation, theoretical movement of objects without traveling through space reference