American Depository Receipts

American depository receipt (ADR), also called American depository share, is a certificate issued in the United States in lieu of a foreign security. It is a negotiable certificate of title to a number of shares in a non-US company.

While the original securities are lodged in Bank/Custodian abroad, and the American Depository Receipts (ADRs) are traded in the US for all intents and purposes as if they were a domestic stock. An ADR dividend is paid in US dollars, so it provides a way for American investors to buy foreign securities without having to go abroad, and without having to switch in and out of foreign currencies.

Nearby pages
Amen-em-Opet, American dream, American eagle, American egret, American English, American Fabius