Crest

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CREST

CREST is CrestCo's real-time settlement system for UK and Irish shares and other corporate securities. CrestCo has provided settlement systems for government bonds and money market instruments in the UK since 1990.

CREST

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.

Crest

a paperless settlement system which was introduced in 1996 to cut the costs and speed up the completion of dealings on the UK STOCK MARKET. Under Crest, STOCK and SHARE transactions are recorded electronically, in contrast to the existing parallel system (TALISMAN) which involves the issue of settlement papers and share certificates. However, as with Talisman, investors will still receive a contract note from their broker to confirm their purchase or sale.

Crest

see SHARE PURCHASE/SALE.
References in periodicals archive ?
The 18-month program begins with a seven-day retreat, initiating students into the Warrior PATHH program at one of Boulder Crests two facilities Boulder Crest Retreat Virginia and Boulder Crest Retreat Arizona.
bergei is a missing link between duck-billed dinosaurs with and without crests.
The process requires growing the skin cells in a bath of proteins and chemical additives while turning on a gene to produce neural crest cells, which give rise to several adult cell types.
The crests, arms and monograms you see were cut from letterheads and envelope flaps and are usually just referred to as "crests".
Using software developed by paper co-author Mark Yandell, a geneticist at the University of Utah, the scientists revealed that a single mutation in a gene named EphB2 causes head and neck feathers to grow upward instead of downward, creating head crests.
No modern animals have a structure similar to these dinosaurs' bony crests, which contain long convoluted nasal passages that loop up over the head.
PRINCE William has included a tribute to mum Princess Diana in his Knight of the Garter crest.
The likes of Dublin, Kilkenny and Meath have all registered new crests in recent seasons for similar reasons.
The well-preserved skull and lower jaw of the newly described type of pterosaur--Greek for winged lizard--also provide clues about the function of large skull crests sported by many pterosaur species, says Alexander W.A.
"Our old crest was at the end of a long line of previous crests.