What is the full form of "ADR"?
A. American Document Review
B. American Depository Receipts
C. American Deposite Ratio
D. Advertisement Rank
Answer: Option B
Solution(By Examveda Team)
An American depositary receipt (ADR) is a negotiable certificate issued by a U.S. depositary bank representing a specified number of shares - often one share - of a foreign company's stock. The ADR trades on U.S. stock markets as any domestic shares would.Related Questions on Business Abbreviations
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