bearer depositary receipt (BDR)

简明释义

无记名存券收据,无记名寄存单据

英英释义

A bearer depositary receipt (BDR) is a financial instrument that represents ownership of a foreign company's stock, allowing investors to trade shares on a local exchange without directly purchasing the underlying shares.

持有人存托凭证(BDR)是一种金融工具,代表外国公司股票的所有权,使投资者能够在本地交易所交易股份,而无需直接购买基础股票。

例句

1.Many Brazilian companies issue bearer depositary receipts (BDRs) 持有人存托凭证 to attract foreign investment.

许多巴西公司发行持有人存托凭证 (BDR)以吸引外资。

2.Investors can trade bearer depositary receipt (BDR) 持有人存托凭证 on the Brazilian stock market to gain exposure to foreign companies.

投资者可以在巴西股票市场交易持有人存托凭证 (BDR)以获取对外国公司的投资机会。

3.The value of a bearer depositary receipt (BDR) 持有人存托凭证 is directly tied to the performance of the underlying stock.

一个持有人存托凭证 (BDR)的价值与基础股票的表现直接相关。

4.Investors should be aware of the risks associated with bearer depositary receipts (BDRs) 持有人存托凭证, including currency fluctuations.

投资者应意识到与持有人存托凭证 (BDR)相关的风险,包括货币波动。

5.The bearer depositary receipt (BDR) 持有人存托凭证 allows investors to hold shares of international firms without needing to open an overseas account.

通过持有人存托凭证 (BDR),投资者可以持有国际公司的股票,而无需开设海外账户。

作文

In the world of finance and investment, it is crucial to understand various financial instruments that facilitate international trade and investment. One such instrument is the bearer depositary receipt (BDR), which plays a significant role in enabling investors to gain exposure to foreign companies without having to deal with the complexities of foreign markets directly. The concept of a bearer depositary receipt (BDR) can be quite intricate, but it essentially serves as a negotiable certificate issued by a bank, representing shares in a foreign company. This allows investors to hold shares indirectly, making it easier for them to invest in global markets while minimizing risks associated with currency fluctuations and regulatory barriers.The bearer depositary receipt (BDR) acts as a bridge between the investor and the foreign company. When an investor purchases a bearer depositary receipt (BDR), they are essentially buying a claim on the underlying shares held by a depositary bank. This means that the investor does not own the shares directly but rather holds a receipt that entitles them to the benefits associated with those shares, such as dividends and voting rights, depending on the structure of the BDR. The convenience of this arrangement allows investors to diversify their portfolios and gain access to international markets without the need to navigate the complexities of foreign regulations and tax implications.Moreover, the bearer depositary receipt (BDR) can be traded on local exchanges, providing liquidity and flexibility for investors. This feature makes it an attractive option for those looking to invest in foreign companies while still maintaining a level of familiarity with their domestic market. By purchasing a bearer depositary receipt (BDR), investors can take advantage of opportunities in emerging markets or established economies, all while mitigating some of the risks that come with direct foreign investments.However, it is important to note that investing through bearer depositary receipts (BDR) is not without its challenges. Investors must conduct thorough due diligence to understand the underlying assets and the financial health of the foreign company represented by the BDR. Additionally, the performance of the BDR is influenced by various factors, including exchange rates, market conditions, and geopolitical events. Therefore, investors should be prepared to monitor their investments closely and adjust their strategies accordingly.In conclusion, the bearer depositary receipt (BDR) is a valuable financial instrument that enables investors to gain exposure to foreign companies while simplifying the investment process. By providing a way to invest without directly owning shares and offering liquidity through local exchanges, BDRs have become an increasingly popular choice for diversifying investment portfolios. However, as with any investment, it is essential for investors to remain informed and vigilant, ensuring that they make sound decisions based on comprehensive research and analysis. Ultimately, understanding the intricacies of the bearer depositary receipt (BDR) can empower investors to navigate the global market more effectively and capitalize on opportunities that may arise across borders.

在金融和投资的世界中,理解各种促进国际贸易和投资的金融工具至关重要。其中一个工具是持有人存托凭证(BDR),它在使投资者能够接触外国公司方面发挥了重要作用,而无需直接处理外国市场的复杂性。持有人存托凭证(BDR)的概念可能相当复杂,但它本质上是由银行发行的一种可转让证书,代表外国公司的股份。这使得投资者能够间接持有股份,从而更容易在全球市场进行投资,同时减少与货币波动和监管障碍相关的风险。持有人存托凭证(BDR)充当投资者与外国公司之间的桥梁。当投资者购买持有人存托凭证(BDR)时,他们实际上是在购买对存托银行持有的基础股份的索赔。这意味着投资者并不直接拥有这些股份,而是持有一张收据,赋予他们享有与这些股份相关的利益的权利,例如分红和投票权,具体取决于BDR的结构。这种安排的便利性使得投资者能够多样化其投资组合,并在不必应对外国法规和税收影响的情况下获得国际市场的准入。此外,持有人存托凭证(BDR)可以在本地交易所交易,为投资者提供流动性和灵活性。这一特点使其成为希望投资外国公司的人的一种有吸引力的选择,同时仍然保持对国内市场的熟悉感。通过购买持有人存托凭证(BDR),投资者可以利用新兴市场或成熟经济体中的机会,同时降低与直接外国投资相关的一些风险。然而,值得注意的是,通过持有人存托凭证(BDR)进行投资并非没有挑战。投资者必须进行彻底的尽职调查,以了解基础资产及代表BDR的外国公司的财务健康状况。此外,BDR的表现受多种因素的影响,包括汇率、市场条件和地缘政治事件。因此,投资者应准备密切监控其投资,并根据需要调整其策略。总之,持有人存托凭证(BDR)是一种有价值的金融工具,使投资者能够获得外国公司的曝光,同时简化投资过程。通过提供一种不直接拥有股份的投资方式,并通过本地交易所提供流动性,BDR已成为多样化投资组合的日益受欢迎的选择。然而,与任何投资一样,投资者必须保持信息灵通和警惕,确保他们基于全面的研究和分析做出明智的决策。最终,理解持有人存托凭证(BDR)的复杂性可以使投资者更有效地在全球市场中导航,并利用可能跨越国界出现的机会。

相关单词

bearer

bearer详解:怎么读、什么意思、用法

depositary

depositary详解:怎么读、什么意思、用法

receipt

receipt详解:怎么读、什么意思、用法