Depositary receipts
Depositary receipts or depositary shares are negotiable certificates issued by a bank to represent the underlying shares of stock, which are held in trust at a foreign custodian bank.
Category: Banking & Finance
Previous: ← Balance Sheet Hedge
More from this Section
- Outright forward transaction (forward)
Outright forward transaction (forward) is transaction that requires delivery at a future ... - Current Yield
Current Yield is the yield on a security resulting from dividing the interest payment ... - Bid/Ask Spread
Bid/Ask Spread refers to the difference between the bid and ask quotations between the ... - Hague Rules
Hague Rules is anternational Convention for the Unification of Certain Rules relating ... - Cumulative Dividends
Cumulative Dividends are a feature of preferred stock that requires all past dividends ...