American Depository Receipt(redirected from American Depositary Receipt)
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Related to American Depositary Receipt: Adr, American Depositary Receipt Fees
American Depository Receipt
n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.