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GLOBAL DEPOSITORY SHARE (GDS) Definition & Legal Meaning

Definition & Citations:

COMMON STOCK issued by a nonlocal company in a local marketplace. GDSs, generally denominated in the local currency (and occasionally in US dollars), are typically registered with local regulators and may be traded on an EXCHANGE or OVERTHECOUNTER. See also AMERICAN DEPOSITORY RECEIPT, AMERICAN DEPOSITORY SHARE, GLOBAL DEPOSITORY RECEIPT.


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