guilder share

Definition

A share that acts as a replacement for active shares in Dutch companies. Holland does not allow active shares from Dutch businesses to be traded internationally. Typically, foreign shares are grouped and traded in the U.S. in the form of American depository receipts (ADRs) while still remaining active in their home countries. In contrast, Dutch shares must be cancelled by the issuing company in Holland and the same value of guilder shares issued for trading in U.S. markets. Also called New York share.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
guilder guilt-edged investment