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.


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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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Full Definition of American Depositary Receipt (ADR)



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American Depositary Receipt (ADR). PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/american-depositary-receipt/.
Chicago Manual of Style (CMS):
American Depositary Receipt (ADR). PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/american-depositary-receipt/ (accessed: November 12, 2019).
American Psychological Association (APA):
American Depositary Receipt (ADR). PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/american-depositary-receipt/

Definition Sources


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


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