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.

This content can be found on the following page:

Copyright©1997-2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

• email
• print
• cite
•  link
• translate
• share

Copy and paste this HTML in your website to link to this page    <a href="http://www.investorwords.com/120/ADR.html">ADR</a>

Select language... Chinese Japanese Spanish German French Portuguese Korean Italian Russian More languages...

powered by

Please select a language.