Glossary of terms

C D E F I M N S T
  CDA

Central Depository Agent.This are agents appointed by CDSC to carry out CDSC related functions.All communication from the client has to come through a CDA.

  CDS Account

Central Depository Account

  CDSC

 Central Depository & Settlement Corporation

  CMA

Capital Markets Authority

  Custodian Bank

An authorised depository licensed by the CMA which has been appointed a CDA.

  Dematerialisation

This is whereby the underlying physical certificate is no longer considered prima facie evidence of ownership under the Companies Act,

  Entitlement Date

The date fixed by an Issuer for the purposes of determining entitlements, dividends or other distributions.

  Freezing/unfreezing of shares

It is the tagging/untagging of shares such that no transaction can take place on the shares

  Fund

The Guarantee Fund established by CDSC.

  Immobilisation

Is the process whereby the underlying physical certificate has been deposited with and is held by CDSC

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