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Definition

American Depository Receipt (ADR)

American Depository Receipt (ADR) is a certificate registered in the holder’s name or as a bearer security giving title to a specified number of shares in a non-US-based company deposited in a bank outside the USA. These certificates are traded on US stock exchanges.


American depository receipt (ADR) is a receipt issued by a U.S. bank that makes it easier for a foreign business borrower to sell its securities in the United States.

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