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Global Depositary Receipt (GDR)
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Global Depositary Receipts are negotiable certificates which prove ownership of a company's shares.
They are marketed internationally, mainly to financial institutions.
GDRs allow purchasers to gain exposure to companies which are listed on foreign markets without having to purchase the shares directly in the market in which they are listed.
Share prices can be found in Stockmarket
See Also: Online share dealing service Stockmarket Centre
Last Updated: August 2007 © Moneyextra.com
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