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American Depository Receipt or ADR

Posted By On 2/15/2011 09:56:00 AM Under
American Depository Receipt, popularly known as ADR, is a security issued by a company outside the U.S. which physically remains in the country of issue, usually in the custody of a bank, but is traded on U.S. stock exchanges. In other words, ADR is a stock that trades in the United States but represents a specified number of shares in a foreign corporation.
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