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ADR

American Depositary receipt. A negotiable Certificate issued by a U.S. bank representing a specific number of shares of a foreign stock traded on a U.S. stock Exchange. ADRs make it easier for Americans to invest in foreign companies, due to the widespread availability of dollar-denominated price information, lower Transaction costs, and timely dividend distributions.

Related Terms: 16 ADR, Action, Certificate, Depositary receipt, Exchange, ECI, FICA, Low, Owe, Receipt, Share, Stock exchange, Sue, Spread, Transaction, Trade
Other Related Pages: Category: Stocks Starting With: A
Semi Related Terms: 762 CLICK HERE TO VIEW