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American depositary receipt

Line breaks: Ameri|can de|pos|it¦ary re|ceipt
(also American depositary share)

Definition of American depositary receipt in English:

noun

(In the US) a negotiable certificate of title to a number of shares in a non-US company which are deposited in an overseas bank.
Example sentences
  • While I invest most of my savings in mutual funds, I also own some American depositary receipts of Europe's biggest drugmaker, which I bought more than ten years ago.
  • You can browse among the hundreds of foreign companies that list their shares on U.S. exchanges using American depositary receipts.
  • Separately, lawsuits have been filed by investors in France and the U.S., where their American depositary receipts trade.

Definition of American depositary receipt in:

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