Crest(redirected from Crestless)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.
Related to Crestless: crestless wave
The central securities depository for many British and Irish securities. In particular, it is used to settle gilts in the United Kingdom. Using CREST carries tax advantages for U.K. investors. It allows shares to be traded between investors without the physical certificates needing to change hands. Euroclear has owned it since 2002.