American depository receipt
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.
According to the HRBoK Guide,
- ADR. Alternative dispute resolution. A method for resolving a disagreement without going through formal legal procedures.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
