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Investment Word

American Depository Receipt (ADR)

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An American Depository Receipt (ADR) is a certificate that trades on a US stock market but represents a non-US stock. ADR's enable American investors to buy shares of non-American companies such as Burger King (an English owned company) or Nestle without having to buy the shares on a non-US exchange.

American Depository Receipt (ADR) - definition

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