dematerialize

/ˌdiːməˈtɪriəlaɪz/
verb
  1. To disappear or cause to disappear from physical existence; to become immaterial or vanish.
    • Scientists have not yet found a way to dematerialize objects.
    • The illusionist made the bird dematerialize from its cage.
    • In the movie, the spaceship could dematerialize and reappear elsewhere.
  2. To convert something into a digital or non-physical form, especially financial assets or documents.
    • The stock exchange requires all trades to dematerialize shares for faster settlement.
    • Many companies dematerialize their invoices to save paper and storage space.
    • The bank allows customers to dematerialize their paper bonds into electronic records.
What does "dematerialize" mean? | whatsthatwordmean | whatsthatwordmean