American Depository Receipt

(ADR)
   A receipt issued by U.S. banks to U.S. citizens as a substitute for the outright ownership of foreign shares. ADRs can be readily traded on American stock exchanges, avoiding the need to trade the actual foreign shares.

Business law dictionary. 2015.

Look at other dictionaries:

  • American Depository Receipt — ➔ ADR …   Financial and business terms

  • 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… …   Law dictionary

  • American Depository Receipt — Ein American Depositary Receipt (ADR, oft auch American Depository Receipt oder American Depositary Share) ist ein Hinterlegungsschein und somit ein Zertifikat, das von einem US amerikanischen Kreditinstitut ausgestellt wird, das die… …   Deutsch Wikipedia

  • American Depository Receipt — L American Depositary Receipt (ADR) permet aux entreprises étrangères d’avoir une cotation sur les marchés américains. Par exemple, l’entreprise française France Telecom cotée au CAC 40 peut également demander un certificat pour être cotée aux… …   Wikipédia en Français

  • American depository receipt — Stock Exchange. a negotiable receipt similar to a stock certificate, registered in the owner s name and showing ownership of shares in a foreign company, held by a foreign branch of a U.S. bank or its overseas correspondent bank. * * * …   Universalium

  • American depository receipt — Stock Exchange. a negotiable receipt similar to a stock certificate, registered in the owner s name and showing ownership of shares in a foreign company, held by a foreign branch of a U.S. bank or its overseas correspondent bank …   Useful english dictionary

  • American Depository Receipt — (ADR)  Certificate backed by shares of a foreign company.  ► “ADRs are negotiable registered certificates issued by American depositories in the names of particular foreign entities, usually foreign corporations.” (CPA Journal, July 1995, p. 70) …   American business jargon

  • American depository receipt — Fin see ADR …   The ultimate business dictionary

  • American Depositary Receipt — Als American Depositary Receipt (ADR, oft auch American Depository Receipt oder American Depositary Share) werden auf Dollar lautende, von US amerikanischen Depotbanken (depositary banks) in den USA ausgegebene Aktienzertifikate bzw.… …   Deutsch Wikipedia

  • American Depositary Receipt — An American Depositary Receipt (or ADR) represents the ownership in the shares of a foreign company trading on US financial markets. The stock of many non US companies trades on US exchanges through the use of ADRs. ADRs enable US investors to… …   Wikipedia

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