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Keywords:
Foreign,
Receipt,
Negotiable,
Adrs,
Drs
see American Depositary Receipt.
A certificate which gives the holder, ownership of a specified number of shares in a company that have been deposited with a financial institution
A negotiable certificate representing ownership of shares in a foreign company, that is quoted and traded in the currency of the market in which it trades. DRs facilitate the purchase, holding or sale of securities by investors outside the home market.
a negotiable certificate that usually represents a foreign company's publicly traded equity or debt
a negotiable security which represents the underlying securities (generally equity shares) of a non-U
a security that is offered as a "tracking stock" on another foreign market
A certificate that shows you own shares that have been deposited with a financial institution, usually a major bank. This is the way US investors commonly buy and sell foreign, non-US shares. American depository receipts (ADRs) allow companies to gain access to US investors without going to the expense of listing on one of the US stock exchanges.
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