International Depository Receipt

Glossary

Banking

International Depository Receipt

An International Depositary Receipt (IDRs) is an umbrella term for negotiable certificates representing shares (or rarely, debt) in a foreign company that trade or are listed outside the underlying company’s home base. American DRs, for example, are IDRs issued by non-US companies or, alternatively, are created by depositary banks for consumption by US investors.

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