Global Depositary Receipt. A negotiable certificate held in the bank of one country representing a specific number of shares of a stock traded on an exchange of another country. American Depositary Receipts make it easier for individuals to invest in foreign companies, due to the widespread availability of price information, lower transaction costs, and timely dividend distributions. also called European Depositary Receipt.

Use GDR in a sentence

"Hey" I said to the man as he was walking by because I needed someone to explain to me the GDR and how it functioned.

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John really liked investing in other countries. He felt there was so much information out there, and undervalued assets, so he invested in some and received a GDR.

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When Frank considered the GDR, he realized that the involvement in the Canadian stock market would allow the business to flourish even though the U.S. market was in trouble.

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