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Write a word or a term or a phrase which can substitute the following statement. A Dollar denominated instrument traded in USA. - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.

A Dollar denominated instrument traded in USA.

One Line Answer
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Solution

 American Depository Receipt (A.D.R.)

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Sources of Borrowed Capital - American Depository Receipt (ADR)
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Chapter 2: Sources of Corporate Finance - Exercises [Page 35]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. C) 10. | Page 35
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