Glossary
- A-Share
- AAA rating
- abs.
- Accrual bond
- Accumulate
- Acquisition currency
- Actively managed fund
- Ad-hoc disclosure
- Additional margin
- Admission of securities to the Regulated Market
- Admission to the exchange
- Admissions Office
- Advance-decline (AD)
- AIBD return (ISMA return)
- AIBD return (ISMA-return)
- All-time high
- All-time low
- Allocation
- Allotment
- Alpha
- American depositary receipt (ADR)
- American depositary share (ADS)
- American-style option
- Annual General Meeting
- AQR (VWAP) executions
- Arbitrage
- Asian option
- Ask
- Ask price
- Asset class
- Asset-backed security
- Asterisk * (price addendum)
- At the money
- Attentism
- Auction principle
- Automatic exercise (warrants)
American depositary receipt (ADR)
A receipt for foreign shares issued by a US bank
American depositary receipts (ADRs) are depositary receipts issued by US banks and evidencing ownership of shares in non-US companies. An ADR can relate to one or more shares or to a fraction of a share. ADRs are issued in the United States and are traded worldwide in place of the original shares. Their European equivalents are known as GDRs (global depositary receipts).The underlyings for ADRs are American depositary shares (ADSs), which represent the shares deposited.
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
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