A negotiable certificate that U.S. banks issue to represent a certain number of shares from the stock of a foreign company. Trades occur on U.S. markets. Investors can use ADR to purchase stock in foreign companies.
A negotiable certificate that U.S. banks issue to represent a certain number of shares from the stock of a foreign company. Trades occur on U.S. markets. Investors can use ADR to purchase stock in foreign companies.