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Depository receipt |
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Depository receipt How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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American Depository Receipts are negotiable certificates that are used for trading foreign securities held in American banks. Trafalgar House PLC can be traded on the NYSE by the American Depository Receipt (ADR) system through Morgan Guaranty Trust. The Amalgamated Clothing and Textile Workers Union in early August notified 29 California municipalities, including the City of Los Angeles, that Security Pacific was actively buying the depository receipts at the London stock exchange, possibly in violation of anti-apartheid laws. |
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