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What is the full form of GDR and ADR?

Posted by Ankita Kumari 5 years, 2 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 2 months ago

ADR: American Depository Receipt : ADR is a negotiable instrument issued by a US bank, representing non-US company stock, trading in the US stock exchange.
GDR: Global Depository Receipt : GDR is a negotiable instrument issued by the international depository bank, representing foreign company's stock trading globally.

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