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Depository preferred |
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Depository preferredDevice enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities.Depository preferred Similar MatchesAmerican Depository Share (ADS)American Depository Share (ADS)Foreign stock issued in the US and registered in the ADR system. American Depository Receipt RatioAmerican Depository Receipt RatioThe number of ordinary shares into which an ADR can be converted. Depository receiptDepository receiptSee: ADR American Depository Receipt 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 FeesAmerican Depository Receipt FeesFees associated with the creating or releasing of ADRs from ordinary shares, charged by the commercial banks with correspondent banks in the international sites. Further SuggestionsElectronic depository transfersMBS depository Depository Trust Company International Depository Receipt (IDR) Global Depository Receipt Depository transfer check (DTC) Depository Institutions Deregulation and Monetary Control Act Depository institution |
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