American depository receipts are receipts which represent foreign shares to U.S. investors.

Name: American depository receipts are receipts which represent foreign shares to U.S. investors.
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American depository receipts (ADRs) are a type of financial instrument that represents foreign shares of a company to U.S. investors. ADRs are issued by U.S. banks and allow U.S. investors to invest in foreign companies without having to deal with foreign exchanges or currencies.

American Depository Receipts Are Receipts Which Represent Foreign Shares to U.S