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financial security

Depositary Receipt: Introduction and Definition

A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly-listed company. The DR, which is a physical certificate, allows investors to hold shares in equity of other countries. …

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Categories Financial Management Tags depositary receipt, DR, financial security
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