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Escrow receipt |
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Escrow receiptA document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.Escrow receipt Similar MatchesGlobal Depositary ReceiptGlobal Depositary ReceiptA certificate which represents ownership of a given number of a company's shares and which can be listed and traded independently from the underlying shares. Trust receiptTrust receiptReceipt for goods that are to be held in trust for the lender. ReceiptsReceiptsFunds collected from selling land, capital, or services, as well as collections from the public (budget receipts), such as taxes, fines, duties, and fees. Constructive receiptConstructive receiptThe date a taxpayer receives dividends or other income, for use in the determination of taxes. 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. Further SuggestionsGlobal Depository ReceiptAmerican Depository Receipt Ratio American Depository Receipt Fees Warehouse receipt Depository receipt International Depository Receipt (IDR) Euro Depositary Receipt |
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