| Global Depository Receipt - GDR | |
 1. A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international branch. The shares trade as domestic shares, but are offered for sale globally through the various bank branches. 2. A financial instrument used by private markets to raise capital denominated in either U.S. dollars or Euros. |
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 1. A GDR is very similar to an American Depository Receipt. 2. These instruments are called EDRs when private markets are attempting to obtain Euros. |
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 What Are Depository Receipts? - Learn about a security that allows you to invest in a foreign company through your local exchange. |
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