Global depositary receipt

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Financial Weapons of Mass Destruction®


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GDR


Like an ADR, only more foreign


Docs Prospectus 5 {{{docscore}}}
Amendability No real need. No real capacity. 0 {{{amendscore}}}
Collateral Nope. 0 {{{collateralscore}}}
Transferability In theory, negotiable. Query how much in practice. {{{transferscore}}}
Leverage Nope. 0 {{{leveragescore}}}
Fright-o-meter All a bit gnab gib, really, 3. {{{frightscore}}}


The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long