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Dictionary


Amer'ican depos'itory receipt"



Stock Exchange.
a negotiable receipt similar to a stock certificate, registered in the owner's name and showing ownership of shares in a foreign company, held by a foreign branch of a U.S. bank or its overseas correspondent bank.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

American crab appleAmerican Directoire

 

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