Economy, asked by naruto3243, 1 year ago

Write notes on the Global depository receipt.

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Answered by XxBrainlySultanxX

10

global depository receipt (GDR) Negotiable certificate issued by one country's bank against a certain number of shares held in its custody but traded on the stock exchange of another country. GDRs entitle the shareholders to all associated dividends and capital gains, and can be bought and sold like other securities.

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