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Whatare Americandepositary Receipts?

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AnAmerican depositary receipt(ADR) is a negotiable certificate issued by aU.S. depositorybank representing a specified number ofshares—or as little as one share—investment in a foreign company's stock. ... ADRs represent a feasible, liquid way forU.S.investors to purchase stock in companies abroad.

AnAmerican depositary receipt(ADR, and sometimes spelleddepository) is anegotiable securitythat represents securities of a company that trades in the U.S.financial markets.[1]

an American depositary receipt



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