Dematerialization

For the phenomenon resembling teleportation, see teleportation.

3R Concepts
Waste Disposal Hierarchy Reduce Reuse Recycle Barter Dematerialization Downcycling Dumpster diving Ecodesign Ethical consumerism Freeganism Extended producer responsibility Industrial ecology Industrial metabolism Material flow analysis Product stewardship Recycling (ecological) Simple living Upcycling Zero waste
Recyclable materials Plastic Aluminium Glass Motor oil Paper Textiles Timber Scrap Paint

Dematerialization in economics

In economics, dematerialization refers to the absolute or relative reduction in the quantity of materials required to serve economic functions in society. In common terms, dematerialization means doing more with less. This concept is similar to ephemeralization as proposed by Buckminster Fuller.

Dematerialization is the counterargument to the idea that economics is only about 'more is better.' The idea that more is better, a common activist argument which likens economic logic to the logic of a cancer cell, ignores the differences between inputs and outputs, and it ignores the ratio of inputs to outputs.

Dematerialization of securities

In finance and financial law, dematerialization refers to the substitution of paper-form securities by book-entry securities. This phenomenon is ancient, since in many small firms that cannot afford printing secured paper-form securities, the securities are often held in a book-entry form, under the control of an attorney who acts as a notary to certify the existence of the securities, as well as their authenticity. Today, dematerialization concerns more and more listed companies in the US (where the process has begun in the sixties) and now in the European Union, where dematerialized securities represent often more than 99% of the securities listed on regulated markets.^[1] However, this recent phenomena of dematerialization of securities issued by large firms is mostly undertaken via Central Securities Depository, a national or regional institution holding the notary function, such as the DTC in the US, which itself entrusts banks and investment firms to act as intermediaries between issuers and investors for the custody of these securities. Therefore, dematerialized securities are often referred as intermediated securities, in particular by the Unidroit convention on substantive rules for intermediated securities.

Dematerialization of the Art Object

In "Six Years: The Dematerialization of the Art Object" Lucy Lippard characterizes the period of 1966 to 1972 as one in which the art object was dematerialised through the new artistic practices of conceptual art.^[2]

References

• "Dematerialization: Measures and Trends", Journal of the American Academy of Arts and Sciences, Cambridge, MA, 1996
• Peacework.com ^[3]
• Where is Atlantic Canada Heading ^[4]

References

1. ^ Summary of responses received in respect of the EU consultation on legal certainty of securities holding and transactions: http://ec.europa.eu/internal_market/financial-markets/docs/securities-law/first_consultation_summary_en.pdf
2. ^ Jane Blocker What the Body Cost
3. ^ http://www.peaceworkmagazine.org/pwork/0409/040902.htm
4. ^ http://www.dominionpaper.ca/articles/1240

External links

• Factor X - Website about different dematerialization concepts
• World Resources Forum - Scientific conference on dematerialization

This economic term article is a stub. You can help Wikipedia by expanding it.v · Categories: Economics terminology Technological change Industrial ecology Waste reduction Economic term stubs Wikimedia Foundation. 2010. Игры ⚽ Поможем написать реферат Joseph Michael Linsner Dematerialisation Look at other dictionaries: dematerialization — (Amer.) n. act of making immaterial; becoming immaterial; losing apparent physical substance; parapsychological disappearance of a physical object (also dematerialisation) …   English contemporary dictionary dematerialization — dematerialize de‧ma‧te‧ri‧a‧lize [ˌdiːməˈtɪəriəlaɪz ǁ ˈtɪr ] also dematerialise verb [transitive] FINANCE in trading shares, bonds etc, to change from a system based on Certificates (= official documents showing ownership) to paperless (= where… …   Financial and business terms dematerialization — išmedžiagėjimas statusas T sritis fizika atitikmenys: angl. dematerialization vok. Dematerialisation, f; Entmaterialisierung, f rus. дематериализация, f pranc. dématérialisation, f …   Fizikos terminų žodynas dematerialization — dematerialize (also dematerialise) ► VERB 1) become no longer physically present. 2) become spiritual rather than physical. DERIVATIVES dematerialization noun …   English terms dictionary dematerialization — noun see dematerialize …   New Collegiate Dictionary dematerialization — See dematerialize. * * * …   Universalium dematerialization — noun the act or process of dematerializing …   Wiktionary dematerialization — dematerializāˈtion or dematerialisāˈtion noun • • • Main Entry: ↑dematerialize …   Useful english dictionary Dematerialization - DEMAT — The move from physical certificates to electronic book keeping. Actual stock certificates are slowly being removed and retired from circulation in exchange for electronic recording. With the age of computers and the Depository Trust Company,… …   Investment dictionary dematerialize — dematerialization, n. /dee meuh tear ee euh luyz /, v.t., v.i., dematerialized, dematerializing. to deprive of or lose material character. Also, esp. Brit., dematerialise. [1880 85; DE + MATERIALIZE] * * * …   Universalium 18+ © Academic, 2000-2024 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”