Define: American Depositary Receipt (ADR)

UK 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.


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Definition Sources


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

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

This glossary post was last updated: 30th January 2019.