American depository receipt

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American depository receipt (also known by its acronym, ADR) is a certificate representing ownership of foreign stock held in trust.


Definitions

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

American depository receipts (ADRs). Certificates representing ownership of foreign stock held in trust.

According to the HRBoK Guide,

ADR. Alternative dispute resolution. A method for resolving a disagreement without going through formal legal procedures.

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