American Depository Receipt

(redirected from American Depositary Receipt)
Also found in: Dictionary, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.
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.

References in periodicals archive ?
Latest appointment makes JPMorgan leader in Latin American Depositary Receipts
Petrobras Selects JPMorgan for $25 Billion ADR Program
LONDON -- Deutsche Bank (NYSE:DB) (GER:DBK) (LSE:DBK) announces its appointment as depositary bank for the New York Stock Exchange-listed American Depositary Receipt (ADR) program of WNS (Holdings) Limited (WNS).
Deutsche Bank Appointed as Depositary Bank for the American Depositary Receipt (ADR) Program Of WNS (Holdings) Limited
LONDON -- Deutsche Bank (NYSE:DB) (GER:DBK) (LSE:DBK) announces its appointment as depositary bank for the NASDAQ listed American Depositary Receipt (ADR) program of Himax Technologies, Inc.
Deutsche Bank Announces Its Appointment as Depositary Bank for the American Depositary Receipt Program of Himax Technologies, Inc
Legal browser ?
Full browser ?