Global Depositary Receipt - GDR

What does it Mean? 1. A bank certificate issued in more than one country for shares in a foreign company. 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 euros.
Investopedia Says... 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.

Terms Related Links

American Depositary Receipt - ADR
American Depositary Share - ADS
Chinese Depositary Receipt - CDR
Depositary Receipt
Foreign Exchange
International Depository Receipt - IDR
International ETF

Terms Related Links
What Are Depositary Receipts? - Learn about a security that allows you to invest in a foreign company through your local exchange.



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