Recent Examples on the WebMoreover, there are concerns regarding the potential delisting of Chinese American depositary receipts (ADRs), given the dispute between the U.S. SEC and China relating to the auditing compliance of Chinese companies listed on U.S. exchanges. Trefis Team, Forbes, 27 May 2022 Shares of Chinese internet and technology companies jumped in Hong Kong on the last day of the year, following a surge in their corresponding American depositary receipts overnight. Michael Wursthorn, WSJ, 31 Dec. 2021 Didi’s American depositary receipts plunged 24% over the period as China’s Internet regulator opened a security review and then ordered stores to remove the Didi app.Fortune, 7 July 2021 Trading volumes of American depositary receipts that track VW’s ordinary shares (VWAGY) have surged, as have Google search volumes for the VWAGY ticker. Stephen Wilmot, WSJ, 24 Mar. 2021 The company’s American depositary receipts jumped as much as 7.9% in U.S. over-the-counter trading Thursday. Eyk Henning, Bloomberg.com, 15 May 2020 Latin America’s biggest wireless operator by subscribers, controlled by billionaire Carlos Slim, reported a net loss of 29.4 billion Mexican pesos ($1.2 billion), equivalent to 45 Mexican cents a share or $0.45 per American depositary receipt. Anthony Harrup, WSJ, 29 Apr. 2020 Both Nikkei news and Kyodo wrote about the talks late Wednesday, driving Line’s U.S.-listed depositary receipts up more than 26%. Tim Culpan | Bloomberg, Washington Post, 14 Nov. 2019 As of Wednesday’s close, its global depositary receipts had climbed 17% from the offer price.Washington Post, 18 Sep. 2019 See More
Word History
First Known Use
1605, in the meaning defined at sense 1
Legal Definition
depositary
noun
de·pos·i·tary di-ˈpä-zə-ˌter-ē
plural depositaries
: an individual or entity (as a business organization) that holds a deposit
the depositary ought to restore the precise object which he receivedLouisiana Civil Code