American depository receipt
Revision as of 01:46, 2 November 2019 by Gary (talk | contribs) (Created page with "American depository receipt (also known by its acronym, ADR) is a certificate representing ownership of foreign stock held in trust. ==Definitions== According to ...")
American depository receipt (also known by its acronym, ADR) is a certificate representing ownership of foreign stock held in trust.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- American depository receipts (ADRs). Certificates representing ownership of foreign stock held in trust.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
