|
|
Global Depository Receipt |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Global Depository ReceiptA receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world.Global Depository Receipt Similar MatchesDepository preferredDepository preferredDevice enabling an issuer to circumvent an arbitrary corporate limit on the number of preferred shares issuable. Applies mainly to convertible securities. 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. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Depository Trust CompanyDepository Trust CompanyIn 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. American Depository Receipt RatioAmerican Depository Receipt RatioThe number of ordinary shares into which an ADR can be converted. Further SuggestionsMBS depositoryDepository Institutions Deregulation and Monetary Control Act depository bank American Depository Share (ADS) International Depository Receipt (IDR) Depository transfer check (DTC) Depository institution Depository receipt |
|
|
|