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ADR
ADRIs the Alternative Delivery Procedure at the New York Mercantile Exchange. It provides for longs and shorts to make and take delivery under terms which differ from those specified as good delivery for the contract. RELATED TERMS-------------------------------------- Delivery The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. Exchange A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded. Take 1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. 2) Euro bankers speak of taking deposits rather than buying money. Contract A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Administration A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized. Administrative pricing rules A company which is in severe trouble, but still with some hope of recovery, may be put into the charge of a court-appointed administrator. Administrative receiver IRS rules used to allocate income on export sales to a foreign sales corporation. Administrator An insolvency practitioner appointed when a company goes into receivership. ADP An individual legally appointed by a court to settle the affairs of a deceased person who failed to make a will. ADR Advance American depositary receipts (ADRs) are receipts for the shares of a foreign company. Advance commitment Increase in the market price of stocks, bonds, commodities, or other assets. Advance Computerized Execution System (ACES) A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Advance funded pension plan Refers to the Advance Computerized Execution System, run by Nasdaq. ACES automates trades between order entry and market maker firms that have established trading relationships with each other. Advance refunding A pension plan in which funds are set aside in advance of the date of retirement. We thank you for using the Financial Dictionary to search for ADR. If you have a better definition for ADR than the one presented here, please let us know by making use of the suggest a term option. This definition of ADR may be disputed by other professionals. Our attempt is to provide easy definitions on ADR and any other medical topic for the public at large.
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| dr / ar / ad / aadr / addr / adrr / qdr / wdr / sdr / xdr / zdr / aer / arr / afr / avr / acr / axr / asr / awr / ad4 / ad5 / adt / adg / adf / add / ade / ad3 / | ||||||||||||||||