Financial Definition of International Depository Receipt (Idr)
Meaning of International Depository Receipt (Idr)
A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply with all the regulatory issuing requirements of the foreign country where the stock is to be traded. The U.S. version of the IDR is the American Depository Receipt (ADR).
Related Entries of International Depository Receipt (Idr) in the Encyclopedia of Law Project
Browse or run a search for International Depository Receipt (Idr) in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
International Depository Receipt (Idr) in Historical Law
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Legal Abbreviations and Acronyms
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| International Depository Receipt (Idr) in the Dictionary | International Depository Receipt (Idr) in our legal dictionaries |
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| Browse the Legal Thesaurus | Find synonyms and related words of International Depository Receipt (Idr) |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | International Depository Receipt (Idr) in the World Encyclopedia of Law |
What is International Depository Receipt (Idr)?
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