Introduced in 1996, this is a computerised system to settle up share purchases. No more bits of paper passing hands any more.

The CREST settlement system was launched in July 1996 to replace TALISMAN, the settlement system operated by the Stock Exchange which ceased to operate in April 1997. CREST is owned by CrestCo Limited, an independent service company owned by a consortium of market participants. CREST is an RCH (see Recognised Clearing House). CREST currently permits certificated and uncertificated settlement (see Dematerialised Holdings), of UK and Irish equities and corporate loan stocks. CREST’s benefits are more apparent as a paperless system facilitating faster settlement including T + 0.

The electronic system whereby UK listed shares are registered on a computer. This means that no certificates are issued to shareholders and purchases and sales are effected instantaneously on the computer without paper. It also means that share registers are constantly updated.

The London Stock Exchange's computerised share trading system.

The upper curve of a horse's neck.

The summit of a hill or mountain ridge.

The ornamental finishing which surmounts the ridge of a roof, canopy, etc.

To furnish with, or surmount as, a crest; to serve as a crest for.

The highest stage or level of water at a specific point before the water begins to recede.

Highest point on a beach face, breakwater or seawall.

In a transverse wave, this is the part of the wave that rises "above" (positive) the rest state of the medium. Click here to see a crest graphic. Back to Wave Index

Highest elevation, uppermost level or height of.

The plume of feathers, or other decoration, worn on a helmet; the distinctive ornament of a helmet, indicating the rank of the wearer; hence, also, the helmet.

A bearing worn, not upon the shield, but usually above it, or separately as an ornament for plate, liveries, and the like. It is a relic of the ancient cognizance. See Cognizance, 4.

To mark with lines or streaks, like, or regarded as like, waving plumes.

Crests were used to identify both the owners of buildings and the professions that were practiced within buildings. A coat of arms, family crest, or city crest can be found on a building either within a pediment, under a bracket or on a wall.

A toothed, fringed, or hairy thickened portion on the disk of the lip on an orchid flower.

The long feathers on the head that raise or lower according to mood. Cockatiels and cockatoos are the best known examples of parrots with crests.

a showy growth of e.g. feathers or skin on the head of a bird or other animal

a growth on an animal's head

The top line of a slope or embankment.

lie at the top of; "Snow capped the mountains"

This usually refers to the top rail of a chair back, sofa back, etc.

The top of a dam.

The helm or head, as typical of a high spirit; pride; courage.

A heraldric recognitive device fixed to the top of the great helm, introduced in the second half of the thirteenth and in wide use by the fourteenth century.

Thirteenth-century and later heraldic device attached to the top of the helm

decorative hereditary symbol or device placed upon the helm in a coat of arms.

Every Greek organization has a unique crest, a symbol of their organization. Each crest has hidden, secret meanings behind it. ZN's crest looks like this

the symbol used to represent a club or team and to distinguish itself from others. The symbols are generally worn as a patch on the jersey over the heart (right side of the chest). These symbols range in size, color, shape and meaning and generally have signifigance to the regions they represent. Many of the unique identifiers in this symbol are club/team bame, location, date founded, religious symbols, slogans, geographic indicators, etc. See also Badge, Logo and Shield.

A symbol representing families or clans, groups of people who share the same ansestors.

Colored marks placed near the nock of an arrow for identification purposes.

Colored bands painted on the arrow shaft in the area of the fletching and used for identification purposes or simply decoration.

Bands of color used as decoration or for identification on an arrow near the fletched end.