Verb
demat (third-person singular simple present demats, present participle dematting, simple past and past participle dematted)
(transitive) To restore (hair, fur, etc.) from a matted state.
Synonym: unmat
Investors without a demat account can’t invest in the ETF, but may invest in Bharat Bond FOF by submitting a physical application to any branch of Edelweiss. Source: Internet
Notably, Power of Attorney was also at the centre of the Karvy debacle, where investors’ shares were sold from their demat accounts using PoA given by them. Source: Internet