Global Depository Receipt

 

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Global Depository Receipt

A receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world.



Global Depository Receipt

Similar Matches

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.


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 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.


American Depository Receipt Ratio

American Depository Receipt Ratio

The number of ordinary shares into which an ADR can be converted.


American Depository Receipt Fees

American Depository Receipt Fees

Fees associated with the creating or releasing of ADRs from ordinary shares, charged by the commercial banks with correspondent banks in the international sites.


Further Suggestions

Depository Trust Company
International Depository Receipt (IDR)
Electronic depository transfers
Depository preferred
American Depository Share (ADS)
Depository receipt
MBS depository
Depository transfer check (DTC)


 
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