Certificates representing oviirs ip in stoc Or n Companies, which are held in a trust bank located in the country the stock is traded are called Investment Bankers 0, Foreign Mutual Funds - American Depository Recettsj

Finance Apr 01, 2021

Certificates representing oviirs ip in stoc Or

n Companies, which are held in a trust bank located in the country the stock is traded are called
Investment Bankers
0, Foreign
Mutual Funds
- American Depository Recettsj

Expert Solution

Certificates representing ownership in stocks of foreign companies, which are held in a trust bank located in the country the stock is traded are called American Depository Receipts. An American depositary receipt (ADR) is a certificate issued by a U.S. bank that represents shares in foreign stock. So, the correct option is 4th "American Depositary Receipt".

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