Definition
Some stock symbols are followed by '- ADR’, indicating they are American Depositary Receipts (ADRs), or ngā Rihīti Moni a Amerikana. An ADR is a certificate issued by a US depositary bank and is generated when the bank buys shares in a non-US company and repackages them for investors to buy on a US market. Each ADR share represents a specific number of shares in a company. Learn more about ADRs.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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