Topical Terminology > Adr (American Depositary Receipt)
ADR (American Depositary Receipt)
For ADR (American Depositary Receipt) we have a term and definition in Frauds and Scams.
Adr (American Depositary Receipt) (Frauds and Scams) 
A U.S. security that is a repackaged foreign security. A U.S. bank creates an ADR based on evidence of ownership of a specified number of shares in the foreign security, while the underlying shares are held in a depositary in the issuing company's home country. U.S. investors may buy shares in the foreign company in the form of an ADR. The certificate, transfer, and settlement practices for ADRs are identical to those for U.S. securities. (note: it is depositary, not depository)
See more Frauds and Scams Terms ...
Similar
Browse words that start with:
Browse All Terms by First Letter
Term Search
Looking for more topical resources?
> Feeds
> General Reference
> News Video
> Recipes
> Podcasts
> Tags
We currently have 172,616 terms and definitions across 1,105 topics.
This work is licensed under Creative Commons.
Design by NOWdesign
