Glossary
Global depositary receipt (GDR)
Security representing a foreign share
Global depository receipts (GDRs), which were developed on the basis of American depositary receipts (ADRs), securitise the ownership in shares. A GDR can relate to one or several shares, or a mere proportion of a share. GDRs are traded instead of the original shares on exchanges worldwide and are denominated in euro.
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
Deutsche Börse 
