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ADRS |
Also found in: Acronyms | 0.03 sec. |
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(A Departmental Reporting System) An IBM mainframe report writer. |
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? Mentioned in | ? References in periodicals archive | |
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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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