Depository Receipt definition

Depository Receipt. (DR) means a negotiable security issued outside India by a Depository bank, on behalf of an Indian company, which represent the local Rupee denominated equity shares of the company held as deposit by a Custodian bank in India. DRs are traded on Stock Exchanges in the US, Singapore, Luxembourg, etc. DRs listed and traded in the US markets are known as American Depository Receipts (ADRs) and those listed and traded anywhere/elsewhere are known as Global Depository Receipts (GDRs).
Depository Receipt means a foreign currency denominated instrument, whether listed on an international exchange or not, issued by a foreign depository in a permissible jurisdiction on the back of eligible securities issued or transferred to that foreign depository and deposited with a domestic custodian and includes ‘global depository receipt’ as defined in the Companies Act, 2013;

Examples of Depository Receipt in a sentence

  • 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).

  • European Equity MCA Depository Receipt Supplement Implementation Side Letter.

  • American Depository Receipt or ADR a negotiable certificate issued by a.

  • Also, Ireland, you may rollover the collateral without preparing a slack of Collateral form either a new Options Depository Receipt form.


More Definitions of Depository Receipt

Depository Receipt or “DR” means an instrument representing an issuer’s securities, where the instrument confers rights in respect of such securities;
Depository Receipt means a certificate or other record, whether or not in the form of a document, which—
Depository Receipt means a Security traded on a local Exchange or Off-market that represents a Security, usually in the form of equity, traded on an external Exchange;
Depository Receipt. (DR) means a negotiable security issued outside India by a
Depository Receipt. (DR) means a negotiable security issued outside India by a Depository bank, on behalf of an Indian company, which represent the local Rupee denominated equity shares of the company held as deposit by a Custodian bank in India. DRs are traded on Stock Exchanges in the US, Singapore, Luxembourg, etc. DRs listed and traded in the US markets
Depository Receipt mean means a receipt or other instrument issued by a
Depository Receipt means a security which represents ownership of an underlying security and which can be traded independently of the underlying security;