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An American depositary receipt (abbreviated ADR, and sometimes spelled depository) is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. [1]
A depositary receipt (DR) is a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities. The depositary receipt trades on a local stock exchange . Depositary receipts facilitates buying shares in foreign companies, because the shares do not have to leave the home country.
American-English, English-American : a two-way glossary of words in daily use on both sides of the Atlantic. Abson. ISBN 978-0-902920-60-6. Davies, Christopher (2005). Divided by a Common Language: A Guide to British and American English. Houghton Mifflin. ISBN 978-0-618-00275-7. Hargraves, Orin (2003).
Deutsche Bank Appointed as Depositary Bank for the Level III NYSE-Listed American Depositary Receipt Program of Portugal Telecom, SGPS, S.A. NEW YORK--(BUSINESS WIRE)-- Deutsche Bank today ...
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It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ ...
A global depository receipt (GDR and sometimes spelled depositary) is a general name for a depositary receipt where a certificate issued by a depository bank, which purchases shares of foreign companies, creates a security on a local exchange backed by those shares.
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