American Depositary Receipts are a way for investors to buy certain international stocks without having to go through a foreign brokerage. Each ADR usually represents multiple shares of the foreign stock as it is traded in its native country and currency, but represented in U.S. dollars.
Short for American Depositary Receipts. These are negotiable certificates for a stock that confers a share of a non-U.S. stock corporation on the holder.
Certificates conferring ownership of foreign shares, issued by a depository bank which holds the shares in custody. ADRs (American Depositary Receipts) are typically denominated and traded in US dollars. Due to the restrictions governing some institutional investors' direct participation in overseas markets, ADRs represent a relatively cheap and easy way to gain exposure to the underlying stock. There are many forms of depositary receipt – European depositary receipts (EDRs), global depositary receipts (GDRs) and international depositary receipts (IDRs) – which, from a legal and administrative standpoint, all work in exactly the same way.
American Depositary Receipts — certificates of shares representing shares of non-American companies, in this case one common share of VNU.
American Depository Receipts: deposit certificates for non-American shares issued by US banks. They are traded in place of the shares themselves in unofficial trading on US stock exchanges.
are certificates issued by a U.S. depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. One ADR may represent a portion of a foreign share, one share, or a bundle of shares of a foreign corporation. Because ADRs are quoted in U.S. dollars and traded just like any other stock, they make it simple for investors to diversify their holdings internationally for companies that are located outside the U.S. but traded on U.S. exchanges.
American Depository Receipts. A depository receipt issued against foreign securities by an American bank that holds those securities. In September 1988, the French Treasury announced that two OATs will be traded on the New York Stock Exchange through ADRs. Several other countries are expected to follow suit.
American Depositary Receipts. Certificate issued by US banks to facilitate trading for US shareholders in the shares of non-US companies. Vodafone ADRs are traded on the New York Stock Exchange under the symbol VOD.
See American Depository Receipts.