ADR
ADR: translation
American depositary receipt (ADR)
Trust receipts equal to a specific number of shares of corporate stock issued in a foreign country. ADRs are sold and traded in the United States. American Banker Glossary
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See: American Depositary Receipt
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See American Depositary Receipt Euroclear Clearing and Settlement glossary
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American Depositary Receipt (ADR)
A receipt or certificate issued by a US bank that represents a specific number of shares of foreign-based corporations held by a US banking institution in the country of origin on behalf of an investor in the US. Exchange Handbook Glossary
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American Depositary Receipts ( ADRs)
ADRs are a convenient way for domestic investors to own shares in foreign companies. Denominated in US dollars, ADRs allow American investors to invest in a foreign company. However, ADRs are also traded in London. London Stock Exchange Glossary
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ADR ADR noun
1. [countable] FINANCE American Depositary Receipt; a type of investment that allows investors in the US to trade indirectly in the shares of non-US companies:
• ADRs provide the opportunity to buy into Asian companies without incurring currency risks.
— compare EDR
2. [uncountable] LAW alternative dispute resolution; methods of settling legal disagreements without using an ordinary court:
• It resolves its product liability cases through a company that provides ADR services.
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American Depositary Receipt.
The form in which shares of foreign companies are usually traded on US stock markets.An ADR is issued by a US bank and represents a bundle of shares of a foreign corporation held in custody overseas. Trading in ADRs rather than the underlying shares reduces administration and trading costs, both for companies and for investors.
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ADR UK US noun
► [
C]
FINANCE,
STOCK MARKET »
The ADR program will broaden the existing market for the firm's stock, which in turn could drive up the price.
→ Compare EDR(Cf. ↑EDR)
► [
U]
US MANAGEMENT,
HR »
In-house ADR programs can help employers avoid unnecessary lawsuits.