Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Global Depositary Receipt

Global Depositary Receipt Definition

Global Depositary Receipt – GDR is a certificate issued by a depository bank for shares in a foreign company. The foreign branch of an international bank buys stocks of foreign companies and deposits it on the account. GDRs represent ownership of the underlying stocks, but they are traded independently of the underlying shares. In most cases they are used to invest in companies from developing or emerging markets.




Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z