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American Express |
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American ExpressAn international company whose services include travel and financial products and which is probably most well known for the American Express charge card which enables the holder to obtain goods and services without the need to pay cash. Invoices of transactions are tendered monthly which must be settled in full.Similar MatchesAmerican style optionAmerican style optionAn option which can be exercised at any time until expiry (unlike European style options which can only be exercised at expiry). American Land Title Association (ALTA)American Land Title Association (ALTA)A national association of title insurance companies, abstractors, and agents. The association adopts standard title policy forms. American Depository Share (ADS)American Depository Share (ADS)Foreign stock issued in the US and registered in the ADR system. American depositary receiptAmerican depositary receiptAmerican depositary receipts are a convenient way for Americans to own shares in foreign companies. Rather than buying European or Asian shares direct, they buy ADRs.ADRs are receipts for the shares of a foreign company. The share certificates themselves are held by an American bank which issues the ADRs, then collects dividends and distributes them to ADR-holders after converting them into dollars. The holders of ADRs normally have all the rights of normal shareholders, including voting rights. The ADRs are tradable instruments in their own right.One of the ironies of ADRs is that, though intended for American investors, they can also be bought by non-Americans. In some cases it can be cheaper (in terms of costs) for someone in London to buy ADRs in a UK company than to buy the shares on the London markets.Most foreign companies that want to list in the US use ADRs. Central American Common MarketCentral American Common MarketA group of Central American countries -- El Salvador, Guatemala, Honduras, and Nicaragua -- that formed a common market in 1960, with Costa Rica added in 1962. It largely disintegrated in the 1970s and 80s due to military conflicts, but reformed as the Central American Free Trade Zone (but without Costa Rica) starting in 1993. Further SuggestionsAmerican Stock Exchange (AMEX)American shares American Depository Receipt Ratio Buy American Act American Association of Individual Investors (AAII) American Stock Exchange Latin American Free Trade Association American Depository Receipt Fees North American Free Trade Agreement (NAFTA) American Association of Individual Investors |
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