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What is a Depository Receipt? - Commerce

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प्रश्न

What is a Depository Receipt?

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उत्तर

A depository receipt is a negotiable financial instrument issued by a bank to represent a foreign company’s equity shares or securities. They are issued to attract a greater amount of investment from other countries.

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International Capital Market
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पाठ 20: International Finance - Exercises [पृष्ठ २०८]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
पाठ 20 International Finance
Exercises | Q II. 2) | पृष्ठ २०८
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