American Depositary Receipt (ADR)

Business, Legal & Accounting Glossary

Definition: American Depositary Receipt (ADR)

Quick Summary of American Depositary Receipt (ADR)

An American Depositary Receipt (also known as an ADR) is a negotiable certificate of title to a number of shares in a non-US company which are deposited in an overseas bank.

What is the dictionary definition of American Depositary Receipt (ADR)?

Dictionary Definition

An American Depositary Receipt (ADR) is a receipt issued by a US bank to a member of the US public who has bought shares in a foreign country.

The depositary certificates are denominated in US dollars and may be traded as security in the US markets.

ADR’s pose the advantages of providing a reduction in  administration costs and an avoidance of stamp duty on each transaction.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
American Depositary Receipt (ADR). Payroll & Accounting Heaven Ltd. September 28, 2021
Chicago Manual of Style (CMS):
American Depositary Receipt (ADR). Payroll & Accounting Heaven Ltd. (accessed: September 28, 2021).
American Psychological Association (APA):
American Depositary Receipt (ADR). Retrieved September 28, 2021, from website:

Definition Sources

Definitions for American Depositary Receipt (ADR) are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 2nd July, 2019 | 10 Views.