Global Depository Receipt definition
Global Depository Receipt means any instrument in the form of a depository receipt, by whatever name called, created by a foreign depository outside India and authorised by a company making an issue of such depository receipts;
Global Depository Receipt means any instrument in the form of a 10
Global Depository Receipt. (GDR) means a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India;
Examples of Global Depository Receipt in a sentence
If you have opened a Buy in relation to an Instrument that is an American Depository Receipt or a Global Depository Receipt, we reserve the right to pass on to you any annual depository service charges, or part thereof, incurred by us when hedging our exposure to you in relation to that Transaction.
This charge will only be applied to long positions open on the record date for the particular underlying American Depository Receipt or Global Depository Receipt.
The most popular types of depositary receipts are: ADR (American Depositary Receipt) and GDR (Global Depository Receipt).