American Depositary Receipt (ADR)
📈 Investing
intermediate

Quick Definition

An American Depositary Receipt (ADR) is a certificate issued by a U.S. bank representing a specified number of shares in a foreign stock traded on a U.S. exchange.

Examples

  • 1A U.S. investor buys ADRs of Toyota, allowing them to invest in the Japanese company without dealing with cross-border trading complexities.
  • 2An investor holds ADRs of Alibaba to gain exposure to the Chinese market while trading in U.S. dollars on the New York Stock Exchange.
  • 3A mutual fund includes ADRs of Nestlé in its portfolio to diversify its investments internationally without direct trading on foreign exchanges.

Tags

ADRstocksinternational investingequityfinancial marketsglobal trading