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Question
Complete the sentence.
Depository receipt traded in a country other than USA is called ______
Fill in the Blanks
Solution
Depository receipt traded in a country other than USA is called Global Depository Receipt.
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Sources of Borrowed Capital - Global Depository Receipt (GDR)
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Chapter 2: Sources of Corporate Finance - Exercises [Page 36]
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RELATED QUESTIONS
The benefit of Depository Receipt is ability to raise capital in ___________ market.
Write a word or a term or a phrase which can substitute the following statement.
The Depository Receipt traded in country other than the USA.
State whether the following statement is true or false.
Depository bank stores the shares on behalf of GDR holder.
Answer in one sentence.
In which country can GDR be issued?
What is Global Depository Receipt?
