American Depositary Receipts (ADRs) | Practical Law

American Depositary Receipts (ADRs) | Practical Law

American Depositary Receipts (ADRs)

American Depositary Receipts (ADRs)

Practical Law UK Glossary 1-107-6395 (Approx. 2 pages)

Glossary

American Depositary Receipts (ADRs).

A mechanism designed to facilitate trading in shares of non-US companies in the US stock markets. The main purpose is to create an instrument which can easily be settled through US stock market clearing systems.