Business Studies, asked by pammiparjapati29, 6 months ago

what is American Depository Receipts​

Answers

Answered by Anonymous
3

Answer:

An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. depository bank representing a specified number of shares—often one share—of a foreign company's stock. The ADR trades on U.S. stock markets as any domestic shares would.

Answered by sg1494879
1

Explanation:

An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. depository bank representing a specified number of shares—often one share—of a foreign company's stock. ... ADRs offer U.S. investors a way to purchase stock in overseas companies that would not be available otherwise

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