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Simple English definitions for legal terms

American Depository Receipt

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A quick definition of American Depository Receipt:

An American Depository Receipt (ADR) is like a special ticket that American banks give to Americans who want to own shares of foreign stocks. Instead of buying the foreign shares themselves, Americans can buy and sell ADRs on American stock exchanges or over-the-counter. It's an easy way to invest in foreign companies without having to deal with foreign stock markets.

A more thorough explanation:

Definition: An American Depository Receipt (ADR) is a receipt issued by American banks to American investors as a substitute for owning shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter, making it easy for investors to trade without having to buy the foreign shares themselves.

Example: Let's say an American investor wants to invest in a company based in Japan. Instead of buying the actual shares of the Japanese company, the investor can buy an ADR from an American bank. The ADR represents ownership of the foreign shares and can be traded on American stock exchanges just like any other stock.

Another example: An American investor wants to invest in a company based in Germany. Instead of going through the hassle of buying the foreign shares and dealing with foreign currency, the investor can buy an ADR from an American bank. The ADR makes it easy for the investor to trade the foreign stock without having to deal with the complexities of foreign markets.

These examples illustrate how ADRs make it easy for American investors to invest in foreign companies without having to deal with the complexities of foreign markets. ADRs are a convenient way for investors to diversify their portfolios and gain exposure to international markets.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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