Example: stock market

FINANCIAL M A BEGINNER S MODULE - NSE

An ADR is a U.S. dollar denominated form of equity ownership in a non-U.S. company. (c) ADRs may be used in public or private markets inside or outside US. ADRs do not eliminate the currency risk associated with an investment in a non-U.S. company. (d) ADR represents the foreign shares of the company held on deposit by a custodian bank in

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  Private, Equity

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