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Question
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.
One Word/Term Answer
Solution
The Depository Receipt traded in country other than USA. - Global Depository Recipient (G.D.R.)
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Sources of Borrowed Capital - Global Depository Receipt (GDR)
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Chapter 2: Sources of Corporate Finance - Exercises [Page 35]
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RELATED QUESTIONS
The benefit of Depository Receipt is ability to raise capital in ___________ market.
State whether the following statement is true or false.
Depository bank stores the shares on behalf of GDR holder.
Complete the sentence.
Depository receipt traded in a country other than USA is called ______
Answer in one sentence.
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