Global Depositary Receipt

Global Depositary Receipt - Global Depositary Receipt is a negotiable certificate showing ownership of stock shares owned by a company or corporation. This allows companies offer shares of stock certificates in the stock markets throughout the world. Investors and stockbrokers can purchase equity state in foreign companies and corporations without the need of a home exchange. The time involved and the money spent give the investor a major savings by trading on the foreign exchange markets. When the foreign stock certificates sell on the foreign market the investment translates then into the stock investor's country of origin, such as China and South Korea.