Related Words

Constructive Receipt: Control of the cash proceeds in a delayed exchange without actual physical possession by the exchanger or his or her agent.

Global Depository Receipt: Bonds designed to qualify for immediate trading in any domestic capital market and in the Euromarket.

Global Depositary Receipt (GDR): To raise money in more than one market, some corporations use global depositary receipts (GDRs) to sell their stock on markets in countries other than the one where they have their headquart . . . View Full Definition

Escrow Receipt: Property or money held by a third party until the agreed upon obligations of a contract are met.

International Depository Receipt (IDR): A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is . . . View Full Definition

Receipt: A term typically used to describe confirmation of a payment - if you buy some petrol you will normally ask for a receipt to prove that the money was spent legitimately.

Warehouse Receipt: Cash kept aside for a takeover or for defense against a takeover bid.

Trust Receipt: A law that requires all corporate bonds and other debt securities to be issued subject to indenture agreements and comply with certain indenture provisions approved by the SEC.

Standard and Poors Depositary Receipt (SPDR): When you buy SPDRs — pronounced spiders — you're buying shares in a unit investment trust (UIT) that owns a portfolio of stocks included in Standard & Poor's 500-stock Index (S&P 500). A sha . . . View Full Definition

Constructive Notice: Notice given to the world by recorded documents. All people are charged with knowledge of such documents and their contents, whether or not they have actually examined them. Possession of pr . . . View Full Definition