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Concept information

... > social science subjects > business and management > finance > financial management > accounting (finance) > international accounting > American Depository Receipt

Preferred term

American Depository Receipt  

Definition

  • An American Depository Receipt (ADR) is a U.S. dollar-denominated negotiable certificate that represents shares listed on an overseas stock exchange that is traded in the United States. ADRs are issued in the United States by a depository bank that owns the underlying foreign shares and holds them in custody in their country of origin. [Source: Encyclopedia of Business in Today's World; American Depository Receipt]

Broader concept

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URI

http://data.loterre.fr/ark:/67375/N9J-ZDX3X7X6-5

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