Share on Facebook Share on Twitter Email
Answers.com

Guilder Share - New York Share

 
Investment Dictionary: Guilder Share - New York Share

Shares representing Dutch companies that are not permitted to trade outside of national borders. Also known as a "New York share".

Investopedia Says:
Normally, foreign equities are traded in America as ADRs. However, the Dutch regulatory body does not permit their companies to issue ADRs linked to active home country shares (which is the normal procedure). Instead, a number of underlying home country shares are cancelled and the equivalent amount of guilder shares are issued.

Related Links:
Thanks to American depositary receipts, investors now have a world of investing opportunities to choose from. American Depositary Receipt Basics


Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
 
 

 

Copyrights:

Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more