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American Depository Share

   Also found in: Medical, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
American Depository Share
A certificate issued by an American bank representing a share of a foreign stock the bank holds in trust but that is traded on an American stock exchange. An American depository share is dollar-denominated and entitles the bearer to any dividends and other benefits associated with the single share underlying it. In other words, an American depository share is a single share of an American depository receipt.


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With about 65,000 American depository shares of Cadbury, David Carr, chief investment officer of Oak Value Capital Management, said: "I do not think this price reflects the value of the company.
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