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 ?
Description--Skull large (GLS: 31.2 mm) and robust; rostrum long (LNR: 9.5 mm), robust and heavy; postorbital region very constricted (INC: 8.1 mm); sagittal crest poorly developed; lambdoidal crest well developed; mastoidal processes broad (MAB: 15.7 mm); incisors 1/2, upper incisors in contact at the bases and divergent at the apices, with a well developed internal cingulum; apical margin of the lower incisors bilobed, i2 covered by the cingulum of the canines in occlusal view; canines with external cingulum very developed; premolars 2/2, P3 very small, located at the base of the canine; molars dilambdodont, M3 half the size of the formers, ectoloph in occlusal view form an incomplete "W"; talonid of M3 and m3 reduced.
The beginnings of a sagittal crest may be evident in advanced cases of muscle development.
In carnivores and omnivores, there is a ridge on top of the skull called a sagittal crest. The site of muscle attachment for the strong muscle that controls the crushing lower jaw, the sagittal crest is quite pronounced on opossum and fisher, and less pronounced on coyote, raccoon and otter.