What is American Depository Share?

Alternative Forms: American depository shares
Legal Definition
COMMON STOCK issued by a foreign company in the US marketplace. ADSs, denominated in US dollars, are registered with the SECURITIES AND EXCHANGE COMMISSION and are traded on an EXCHANGE or OVERTHECOUNTER. See also AMERICAN DEPOSITORY RECEIPT, GLOBALDEPOSITORY RECEIPT, GLOBAL DEPOSITORY SHARE.
Legal Definition
Stock from a foreign countries business that his held in a US bank for the stockholders. It is issued against ADS.