International Depository Receipt (IDR)


 

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International Depository Receipt (IDR)

A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply with all the issuing requirements of the foreign country where the stock is to be traded. The US version of the IDR is the American Depository Receipt (ADR).



International Depository Receipt (IDR)

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Further Suggestions

International Stock Exchange of the UK and the Republic of Ireland (ISE)
Domestic International Sales Corporation (DISC)
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International market
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