Global Depositary Receipt - GDR

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.

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.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • depositary receipt — A certificate which gives the holder, ownership of a specified number of shares in a company that have been deposited with a financial institution Commonly known as DRs , Depositary Receipts are negotiable certificates that enable domestic… …   Financial and business terms

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  • American Depositary Receipt — (ADRs) A mechanism designed to facilitate trading in shares of non US companies in the US stock markets. The main purpose is to create an instrument which can easily be settled through US stock market clearing systems. + American Depositary… …   Law dictionary

  • Chinese Depositary Receipt - CDR — A type of depositary receipt that is traded on Chinese stock exchanges. A CDR is a certificate issued by a Chinese bank that represents a pool of foreign equity that is traded on local Chinese exchanges. Foreign companies can use CDRs to allow… …   Investment dictionary

  • Global Registered Share — A share issued and registered in multiple markets around the world. Global registered shares represent the same class of shares. Also known as a global share . These shares are issued in the U.S. and registered in different countries, thereby… …   Investment dictionary

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