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Understanding American Depositary Receipts by njc6151 is a document available to read on EtoBox.
What is Understanding American Depositary Receipts about?
An American Depositary Receipt is a negotiable certificate issued by a U.S. bank representing shares in a foreign stock traded on a U.S. exchange, with the underlying security held overseas in U.S. dollars to reduce costs.
- Author
- njc6151
- Language
- EN