American Depositary Receipts (ADRs)

August 26th, 2017 by Kara in

This is a way to buy shares in a foreign company while getting any dividends or gains in U.S. dollars.  An ADR is a certificate issued by a U.S. bank representing shares in a foreign company.  The actual security is held by the bank overseas.  These are done to reduce costs that would be associated with the purchases.

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