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depositary receipt

   Also found in: Wikipedia 0.01 sec.
depositary receipt
A negotiable certificate that represents a company's publicly traded debt or equity. Depositary receipts are created when a company's shares or bonds are delivered to a depositary's custodian bank, which instructs the depositary to issue the receipts. Depositary receipts facilitate trading of foreign securities. See also American Depositary Receipt, American Depositary Share.


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An American Depositary Receipt in which the company whose shares are held in custody has direct involvement in issuance of the ADRs.
Mexican Foundry Group Launches ADR by Modern Casting
a JPMorgan report issued today on the global depositary receipt marketplace.
JPMorgan Report Says DRs Hit Record Levels in 2007 by Business Wire
A Depositary Receipt (DR) represents the local shares of a company and can be structured as either an
Strong Growth in American and Global Depositary Receipts Anticipated ... by Business Wire
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