See Also: International Depository Receipt (IDR)(money)
International Depository Receipt (IDR)(finance)
Depository receipt(money)
Global Depository Receipt(money)
American Depository Receipt (ADR)(money)
Global Depository Receipt(finance)
American Depository Receipt Ratio(money)
American Depository Receipt Fees(money)
Tight money or dear money(finance)
receipt(1)(dictionary)

International Depository Receipt (IDR) (money)


Definition: [crh] A receipt issued by a bank as evidence of ownership of one or more shares of the underlying Definition: d=stock">stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does notDefinition: have to comply with all the issuing requirements of the foreign country where the stock is to be traded. The US version of the IDR is the Definition: ository Receipt+(ADR">American Depository Receipt (ADR).