Depositary Receipt
Categories: Banking, Tech, Accounting
First, see: ADR. Perfect if you want to be an international man (or woman) of mystery...but aren't feeling all that mysterious.
A depositary receipt (DR) is a certificate issued by a financial institution that represents shares in a foreign company. However, DRs trade on local stock exchanges such as the NYSE or Nasdaq, rather than the international market. That adds a layer of safety.
Depositary receipts traded in the U.S. are called ADRs (American Depositary Receipts). And note that these instruments are vastly more liquid than Americon Suppository Receipts. Yeah, you don't want that kind of receipt.