dematerialisation
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
Law noun
The conversion of paper share certificates into electronic book-entry form.
After dematerialisation, all the company's shares settled through the central depository rather than by paper transfer.
Business noun
The replacement of physical products with digital or intangible equivalents.
The dematerialisation of the camera into a phone app wiped out an entire hardware category.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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