GDR
From Reuters Financial Glossary
(Redirected from Global Depositary Receipts)
Synonym: Global Depositary Receipts
Global Depositary Receipts. Certificates issued by a bank in more than one country. They confer ownership of shares in a foreign company held in safekeeping by the bank. The certificates allow the underlying shares, which are traded in only one country, to be offered globally without the need to be registered on foreign equity markets. .
See also: ADR
