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depositary receipt

   Also found in: Wikipedia 0.04 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 (ADR), American Depositary Share (ADS).
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The Bank of New York, a global leader in securities servicing, has been selected as successor depositary by CRH plc for its American depositary receipt (ADR) program.
Building firm taps B of NY as successor depositary by Real Estate Weekly
Saltillo, Mexico, has launched a sponsored American depositary receipt (ADR) facility traded on the OTC market, according to Business Wire.
Mexican Foundry Group Launches ADR by Modern Casting
A Depositary Receipt (DR) represents the local shares of a company and can be structured as either an American Depositary Receipt (ADR) or a Global Depositary Receipt (GDR).
Strong Growth in American and Global Depositary Receipts Anticipated ... by Business Wire
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