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ADRS

   Also found in: Acronyms 0.03 sec.

(A Departmental Reporting System) An IBM mainframe report writer.


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I am looking for a list of all companies that have ADRs (American Depository Receipts) and trade on exchanges in sub-Saharan African countries.
ADRs are negotiable certificates issued by a United States Depository bank, such as Bank of New York or Citibank, which represent shares of non-U.
Although the sales of the ADRs had regular settlement terms of five days, the purchases were subject to "next day" settlement, so that Compaq was the shareholder of record on the dividend record date.
 
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