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American-depository-receipt

American Depository Receipt (ADR)


June 11, 2011 | Capital Markets

What does an American Depository Receipt (ADR) represent?

Pick an answer:

A U.S. security traded in a foreign market
A foreign security in a U.S. market
A U.S. CD held by a foreign entity
A foreign CD held by a U.S. entity

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American Depository Receipt (ADR)
By Finance Ocean

What does an American Depository Receipt (ADR) represent?

Pick an answer:

  1. A U.S. security traded in a foreign market
  2. A foreign security in a U.S. market
  3. A U.S. CD held by a foreign entity
  4. A foreign CD held by a U.S. entity


Answer: # 2

Explanation: An ADR is a receipt issued by U.S. banks that shows ownership of a foreign security.

These receipts are then traded in U.S. securities markets.

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