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Holding Company Depository Receipt |
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Holding Company Depository Receipt Shares in several publicly-traded companies packaged together and traded as if they were one stock. HOLDRs are printed on one stock certificate. HOLDRs are put together in situations where some stocks pay higher dividends, while others have the higher potential for appreciation. They were created and are administered by Merrill Lynch, and trade on the American Stock Exchange. HOLDRs exist in many different industries. 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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Holding Company Depository Receipts (HOLDRs), pronounced "Holders," are defined as trust-issued receipts that represent the investor's beneficial ownership of a specified group of stocks. Holding Company Depository Receipts, or HOLDRS, allow investors to diversify holdings within designated sectors like biotechnology, telecom and the Internet. |
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