Meaning of “ADR” in the English Dictionary

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"ADR" in Business English

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[ C ] FINANCE, STOCK MARKET abbreviation for American Depositary Receipt: a document used in US financial markets for buying shares in foreign companies. ADRs have prices in US dollars, pay dividends in US dollars, and are bought and sold in the same way as shares in US companies:

The ADR program will broaden the existing market for the firm's stock, which in turn could drive up the price.

[ U ] US MANAGEMENT, HR abbreviation for alternative dispute resolution: a set of actions that are used by organizations to try to solve disagreements without using a court of law, for example arbitration and conciliation:

In-house ADR programs can help employers avoid unnecessary lawsuits.

(Definition of “ADR” from the Cambridge Business English Dictionary © Cambridge University Press)