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Finance Dictionary and Glossary of Investment Terms
Global Depository Receipt - GDR
Definition 1.
1. A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international branch. The shares trade as domestic shares, but are offered for sale globally through the various bank branches.2. A financial instrument used by private markets to raise capital denominated in either U.S. dollars or Euros.
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