Receipt

  • 131International Depository Receipt (IDR) — A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply with all… …

    Financial and business terms

  • 132International Depositary Receipt — ( IDR) A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply… …

    Financial and business terms