|
|
American Depository Share (ADS) |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
American Depository Share (ADS)Foreign stock issued in the US and registered in the ADR system.American Depository Share (ADS) Similar MatchesInternational Depository Receipt (IDR)International Depository Receipt (IDR)A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply with all the issuing requirements of the foreign country where the stock is to be traded. The US version of the IDR is the American Depository Receipt (ADR). Global Depository ReceiptGlobal Depository ReceiptA receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world. Depository bankDepository bankA bank organised in the US which provides all the stock transfer and agency services in connection with a depository receipt program. This function includes arranging for a custodian to accept deposits of ordinary shares, issuing the negotiable receipts which back up the shares, maintaining the register of holders to reflect all transfers and exchanges, and distributing dividends in US dollars. American Depository Receipt RatioAmerican Depository Receipt RatioThe number of ordinary shares into which an ADR can be converted. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Further SuggestionsDepository preferredDepository Institutions Deregulation and Monetary Control Act Depository Trust Company Depository receipt MBS depository Depository transfer check (DTC) American Depository Receipt Fees Depository institution |
|
|
|