American depositary receipt: Difference between revisions

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(ADR).   
(ADR).   


Certificate of ownership issued by a US bank to investors in place of the underlying corporate shares, which are held in custody.
Certificate of ownership issued by a US bank to investors in place of underlying corporate shares, which are held in custody.




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Also spelled American ''depository'' receipt.
Sometime also written American ''depository'' receipt.




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* [[Share]]
* [[Share]]
* [[Stock exchange]]
* [[Stock exchange]]
[[Category:Corporate_financial_management]]

Latest revision as of 17:36, 27 March 2023

(ADR).

Certificate of ownership issued by a US bank to investors in place of underlying corporate shares, which are held in custody.


The benefits of ADRs to investors include reduced administrative burdens.

The benefits to non-US issuers include lighter regulation, compared with listing the underlying shares directly on a US exchange.


Sometime also written American depository receipt.


See also