AMERICAN DEPOSITARY RECEIPT


Meaning of AMERICAN DEPOSITARY RECEIPT in English

noun

Usage: usually capitalized A&D&R

: a negotiable receipt that represents ownership of a foreign stock held in trust (as by the foreign branch of a United States bank) for an American citizen and that can be traded in dollars like shares of domestic companies

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.