What is the meaning of immobilized?

immobilized is a physical certificate representing ownership of a security (a stock certificate or bond) that is held by a trustee. An arrangement through which a physical certificate is held so that all future transactions can be conducted as if the security were book entry. Ownership and liens are recorded in the books of the trustee rather than evidenced by physical possession of the certificate. Also called dematerialized.

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APABarry Goldsmith. (2010). immobilized. Retrieved September 20, 2026, from http://smartdefine.org/immobilized/definitions/1155744
ChicagoBarry Goldsmith. 2010. "immobilized" http://smartdefine.org/immobilized/definitions/1155744 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, immobilized, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/immobilized/definitions/1155744>.
MLABarry Goldsmith. "immobilized" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/immobilized/definitions/1155744>