Global Depositary Receipt (GDR)

Global Depositary Receipt (GDR),

How Do You Define Global Depositary Receipt (GDR)?

Meaning of Global Depositary Receipt (GDR): The Global Certificate of Deposit (DDR) is a bank certificate issued in more than one country for shares in foreign companies.

Literal Meanings of Global Depositary Receipt (GDR)

Global:

Meanings of Global:
  1. The world is connected to the rest of the world.

Sentences of Global
  1. The global economic downturn

Synonyms of Global

worldwide, international, world, intercontinental

Depositary:

Meanings of Depositary:
  1. People who trust something.

  2. (Shares or Receipts) Representing shares of a foreign company. Shares or payment slips are exchanged on the stock exchange of the investor's country and not on the actual shares held in a foreign bank.

Sentences of Depositary
  1. In the 17th century, goldsmiths hoarded the rich man's gold

  2. Last spring, the government offered foreign investors a certificate of credit on the New York Stock Exchange.

Receipt:

Meanings of Receipt:
  1. The act of accepting or accepting.

  2. Prescription

  3. Mark as a receipt.

Sentences of Receipt
  1. I would be grateful if you would accept the receipt of this letter.

  2. I spent hours in the kitchen trying all sorts of recipes

  3. Copies can be accepted and returned to you

Synonyms of Receipt

receiving, reception, getting, obtaining, gaining, cooking directions

GDR:

Meanings of GDR:
  1. Democratic Republic