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GDR |
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GDR International Depository Receipt A certificate issued by a bank representing shares of a stock the bank holds in trust but that are traded on a foreign stock exchange. The IDR is denominated in the local currency, and entitles the bearer to any dividends and other benefits associated with the shares. IDRs can be traded like any other security. Using IDRs shields the investor from foreign exchange risk and any applicable tariffs he/she would have had to pay if he/she had bought the stock outright. It also exempts the investor from any requirements the foreign exchange might have levied. It is also known as a global depository receipt (GDR). See also: American Depository Receipt.
Global depositary receipt (GDR). To raise money in more than one market, some corporations use global depositary receipts (GDRs) to sell their stock on markets in countries other than the one where they have their headquarters. The GDRs are issued in the currency of the country where the stock is trading. For example, a Mexican company might offer GDRs priced in pounds in London and in yen in Tokyo. Individual investors in the countries where the GDRs are issued buy them to diversify into international markets. GDRs let you do this without having to deal with currency conversion and other complications of overseas investing. However, since GDRs are frequently offered by newer or less-known companies, the prices are often volatile and the stocks may be thinly traded. That makes buying GDRs riskier than buying domestic stocks. Global Depositary Receipt (GDR) What Does Global Depositary Receipt (GDR) Mean? (1) A bank certificate representing shares in a foreign country and issued in more than one country. The shares are held by a foreign branch of an international bank. The shares trade as domestic shares but are offered for sale globally through the various bank branches. (2) A financial instrument used by private markets to raise capital denominated in either U.S. dollars or foreign currencies. Investopedia explains Global Depositary Receipt (GDR) (1) A GDR is very similar to an American Depositary Receipt. (2) These instruments are called EDRs when private markets are attempting to obtain euros. Related Terms: Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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ADR American Depositary Receipt Global Depositary Receipt International Depository Receipt MSCI Emerging Markets Index | GDR was known as Abu Dhabi department of Naturalisation and residency until recently. I get the feeling that people in the GDR said to the authorities, 'Don't take this away from us as well'. But Fubon recently decided against bidding for the insurer, hence the cessation of the GDR issuance. |
GDR |
GDPH GDPHS GDPII GDPL GDPL GDPM GDPMHAC GDPmp GDPN GDPO GDPolSK GDPOS GDPPC GDPPI GDPR GDPRD GDPS GDPS GDPS GDPS GDPS GDPT GDPUD GDPV GDPW GDQ GDQCL GDQR GDQS GDR GDR AMUREGDR MACS GDRA GDRC GDRDA GDRE GDREC GDREIA GDRF GDRFC GDRG GDRH GDRHS GDRI GDRN GDRNC GDRNT GDRO Gdrom GDRP GDRQ GDRR GDRRA GDRS GDRS | |||||||
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