American Depository Share (ADS)

 

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American Depository Share (ADS)

Foreign stock issued in the US and registered in the ADR system.



American Depository Share (ADS)

Similar Matches

Depository institution

Depository institution

A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. Although historically they have broadened their powers in recent years. For example, NOW accounts, credit union share drafts and other services similar to checking accounts may be offered by thrift institutions.


Depository transfer check (DTC)

Depository transfer check (DTC)

Check made out directly by a local bank to a particular firm or person.


Depository bank

Depository bank

A 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.


Depository Trust Company

Depository Trust Company

In the US, the Depository Trust Company (DTC) is a national clearing house for the settlement of trade in corporate and municipal securities and performs securities custody-related services for its participating banks and broker-dealers. DTC is owned by members of the financial industry and by their representatives who are its users. DTC is 35.1% owned by the New York Stock Exchange on behalf of the Exchange's members. It is operated by a separate management and has an independent board of directors. It is a limited purpose trust company and is a member of the Federal Reserve.


Depository Institutions Deregulation and Monetary Control Act

Depository Institutions Deregulation and Monetary Control Act

The 1980 federal legislation that ended the regulation of the banking industry.


Further Suggestions

American Depository Receipt Ratio
Global Depository Receipt
Depository preferred
American Depository Receipt Fees
International Depository Receipt (IDR)
MBS depository
Electronic depository transfers
Depository receipt


 
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