Chinese Depositary Receipt - CDR

A type of depositary receipt that is traded on Chinese stock exchanges. A CDR is a certificate issued by a Chinese bank that represents a pool of foreign equity that is traded on local Chinese exchanges. Foreign companies can use CDRs to allow both Chinese institutional and private investors to own their stock.

Investopedia Says:
In other words, a depositary receipt (DR) is a certificate issued by a bank representing equity in foreign companies, which is traded on stock exchanges within the issuing country.

CDRs are a recent addition to the expansion of depositary receipts that started in the 1920s. Other forms of depositary receipts are global, European, and international. The most common type is the American depositary receipt.

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[from LISP] To skip past the first item from a list of things (generalized from the LISP operation on binary tree structures, which returns a list consisting of all but the first element of its argument). In the form cdr down, to trace down a list of elements: “Shall we cdr down the agenda?” Usage: silly. See also loop through.

Historical note: The instruction format of the IBM 704 that hosted the original LISP implementation featured two 15-bit fields called the address and decrement parts. The term cdr was originally Contents of Decrement part of Register. Similarly, car stood for Contents of Address part of Register.

The cdr and car operations have since become bases for formation of compound metaphors in non-LISP contexts. GLS recalls, for example, a programming project in which strings were represented as linked lists; the get-character and skip-character operations were of course called CHAR and CHDR.