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What is a "certificado desmaterializado"?

What is a "certificado desmaterializado"?

1
vote

This is the name of investment for sale by the Banco Cental de Republica Dominicana.

1208 views
updated Jan 12, 2012
posted by moviemouth

2 Answers

0
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I may be mistaken, but I would be seriously worried by the name. Ask to see it before you invest!

updated Jan 12, 2012
posted by annierats
0
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Hi:

It's a financial term. It means "turned into computer data"; un título (financiero) desmaterializado is "book entry security".

But the paper document might be the only really legal, so beware! My solurce was: http://iate.europa.eu/ InterActive Terminology for Europe. It's an online dictionary use by ONU workers.

updated Jan 12, 2012
posted by Carhl