Overview: Introduced to the financial markets in 1927,
an American Depository Receipt (ADR) is a stock that trades in
the United States but represents a specified number of shares
in a foreign corporation. ADRs are bought and sold on U.S. stock
markets just like regular stocks and are issued/sponsored in the
U.S. by a bank or brokerage.
This article provides an introduction to ADRs, its objectives
and risks.
Tags: American Depository Receipt, ADR, Introduction, Objectives,
Risks
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Source: Investopedia
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