Unsponsored ADR
An American depositary receipt (ADR) that is issued without the involvement of the foreign company whose stock underlies the ADR. Shareholder benefits, voting rights and other attached rights may not be extended to the holders of these particular securities. Investopedia Says:
These securities generally trade over-the-counter rather than on the Nasdaq or NYSE. Related Terms:
American Depositary Receipt - ADR
Foreign Currency Effects
Global Depositary Receipt - GDR
International Depository Receipt - IDR
Nasdaq
NYSE
Shareholder
Voting Right |