Global depository receipt: Difference between revisions
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imported>Doug Williamson (Correct spelling to Depository.) |
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Latest revision as of 11:46, 15 February 2018
(GDR).
Global Depository Receipts are negotiable certificates issued by depository banks which represent ownership of a given number of a company’s shares which can be listed and traded independently from the underlying shares.
GDRs are typically used by companies from emerging markets and marketed to professional investors only.
Also spelled Global Depositary Receipt.
