Guilder Share - New York Share

Definition of 'Guilder Share - New York Share'


An ownership stake in a Dutch company that can be traded in the United States because it represents shares that have been canceled in Dutch markets. Guilder Shares, also called New York Shares, represent a special international trading arrangement for shares of Dutch companies only, since the stocks of Dutch companies can't be traded through American depository receipts (ADR).

Investopedia explains 'Guilder Share - New York Share'


When buying shares of a company located in a foreign country, U.S. citizens will generally buy an ADR, a certificate that represents those foreign shares. Since the Netherlands do not allow Dutch company stock to be traded in other countries, a certain number of shares must be canceled in the Netherlands then grouped and sold as Guilder Shares that can then be issued in the U.S.

The guilder was also once the name of a Dutch currency.


Filed Under:

comments powered by Disqus
Hot Definitions
  1. Mortgage Modification

    A permanent change in a homeowner's home loan terms that makes the monthly loan payments affordable.
  2. Leveraged Benefits

    The use – by a business owner or professional practitioner – of their company’s receivables or current income to secure a loan whose proceeds then indirectly fund a retirement plan.
  3. Direct Consolidation Loan

    A loan that combines two or more federal education loans into a single loan. A Direct Consolidation Loan allows the borrower to make a single monthly payment. The loan is facilitated by the U.S. Department of Education and does not require borrowers to pay an application fee.
  4. Through Fund

    A type of target-date retirement fund whose asset allocation includes higher risk and potentially higher return investments "through" the fund's target date and beyond.
  5. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold or disposed of first.
  6. American Dream

    The belief that anyone, regardless of where they were born or what class they were born into, can attain their own version of success in a society where upward mobility is possible for everyone. The American dream is achieved through sacrifice, risk-taking and hard work, not by chance.
Trading Center