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global depository receipts

 

Definitions from the Web

Term: Global Depository Receipts

Description:

Global Depository Receipts (GDRs) are financial instruments that enable investors to invest in foreign companies without owning their shares directly. They are issued by international depository banks and represent ownership of a specific number of shares in the foreign company.

Sample Sentences:

  • The company decided to issue global depository receipts to attract international investors.
  • Investing in global depository receipts allows investors to diversify their portfolios globally.
  • By trading in global depository receipts, investors can participate in the performance of foreign companies.

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