# American Depositary Receipt

**IRI:** https://folio.openlegalstandard.org/R72AecsDMVJ5iUX9CeOv4Dt

## Labels

**Alternative Labels:**

- ADR

## Definition

An American Depositary Receipt (ADR) is a negotiable certificate issued by a U.S. bank representing a specified number of shares of a foreign company's stock. ADRs trade on American financial markets as a convenient way for U.S. investors to purchase stock in foreign companies.

## Sub Class Of

- https://folio.openlegalstandard.org/RB5FdDMLLaFHBHANY4bMB3T

**Deprecated:** False