Dictionary Home » Webster's New World College Dictionary » American Depositary Receipt

American Depositary Receipt Hear it!

American Depositary Receipt definition

American Depositary Receipt

a receipt representing foreign shares of stock held on deposit in an American bank: receipts are denominated in U.S. dollars and traded on American exchanges: also ADR

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.