
Home > Terms > English, UK (UE) > Global depositary receipts (GDR)
Global depositary receipts (GDR)
GDRs are a mechanism used to facilitate the trading of a particular security in more than one market. A GDR is a negotiable receipt that represents an ownership interest in a specified number of securities that have been deposited with the depositary by the holder of such securities. A GDR is the physical certificate that evidences Global Depository Shares or GDSs (in much the same way that a stock certificate evidences shares of stock). See 'ADR or ADS'.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Private equity
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